Advantages of buying property in Fairdealing, Missouri include:

1. Rural Setting: Fairdealing is a small village located in a rural area. This can be a great advantage for people who prefer a quiet life away from the hustle and bustle of the city.

2. Affordable Property Prices: Property prices in smaller communities like Fairdealing are usually more affordable than those in larger cities. This can be a great opportunity for investors who are looking for a good deal.

3. Low Cost of Living: The cost of living in Fairdealing is lower than in many cities, which means that residents can save money on day-to-day expenses like food, housing and transportation.

Disadvantages of buying property in Fairdealing, Missouri include:

1. Limited Amenities: Fairdealing is a small village, so there may be limited amenities compared to a larger city. This can make it difficult to find certain services or shops nearby.

2. Limited Job Opportunities: There may be limited job opportunities in the village, so individuals looking for employment may need to commute to nearby cities.

3. Distance from Major Cities: Fairdealing is located far from major cities like St. Louis and Kansas City. This may be a disadvantage for people who require the amenities and services found in larger cities.