The nice aspects of home ownership in Lake Lakengren, Ohio are that it is a safe and friendly community. Residents have access to beautiful parks, trails, and nature preserves. There is also a variety of shopping, dining, and entertainment options available.

The not so good thing about home ownership in Lake Lakengren is that it can be expensive. Home prices tend to be higher than in other areas of Preble County, making it difficult for some people to afford to buy property in the area.

Lake Lakengren can be a great investment for those looking to purchase a property near a lake. Here are some pros and cons to consider before making a purchase:

Pros:
1. Lakefront properties are in high demand and can appreciate quickly in value.
2. The lake offers many recreational activities such as boating, fishing, swimming, and more.
3. The town is in a rural area with a low cost of living, making it an affordable option.

Cons:
1. The area can be prone to flooding, so it's important to check flood maps and insurance rates before purchasing a property.
2. The town is small and secluded, which could limit job opportunities and amenities.
3. Maintenance and repair costs can be higher for lakefront properties due to exposure to the elements.

Overall, Lake Lakengren can be a great investment for those looking to enjoy lakefront living or seeking a more rural lifestyle. However, it's important to research and consider the potential drawbacks before making a purchase.