Some potential advantages of purchasing real estate in the village of Frankfort, Maine include:

1. Lower cost of living - compared to many urban areas, the cost of living in rural areas like Frankfort is often lower.
2. Peaceful and quiet living - If you're seeking a peaceful setting, the rural area of Frankfort can offer that to you.
3. Access to natural resources and outdoor activities - Rural areas often boast outdoor activities like fishing, hiking, and hunting.

However, there are also potential disadvantages to purchasing real estate in a rural area like Frankfort, Maine, including:

1. Limited job opportunities - rural areas tend to have fewer job opportunities than urban areas.
2. Limited access to amenities - as a rural village, Frankfort has minimal access to amenities like grocery stores, healthcare, and transportation.
3. Lower property value appreciation - Typically, properties in rural areas tend not to appreciate as quickly as those in urban areas.

It's also important to keep in mind that every location has its own unique advantages and disadvantages, and that what may be a disadvantage for one person may not be for another.