There are several advantages and disadvantages to buying a property in the town of Oberlin, Ohio:

Advantages:
- Location: Oberlin is a small college town located just outside of Cleveland, Ohio, making it a convenient location for those who want easy access to a larger city but still enjoy a small-town feel.
- Education: Oberlin is home to Oberlin College, a private liberal arts college, which can provide opportunities for cultural and intellectual stimulation.
- Community: Oberlin has a close-knit community with a strong sense of civic pride. It is a walkable town with many community events and festivals throughout the year.
- Affordable: The cost of living in Oberlin is relatively low, making it an affordable option for those who want to live in a college town.

Disadvantages:
- Limited job opportunities: The job market in Oberlin is limited, and many residents commute to Cleveland or other nearby cities for work, which can add to the commute time and expenses.
- Seasonal weather: Ohio can experience cold and snowy winters, which may not be ideal for everyone.
- Limited entertainment options: While Oberlin offers many community events and festivals, the town may lack some of the entertainment options found in larger cities.
- Property values: Property values in Oberlin have been somewhat stagnant in recent years, which may be a disadvantage for those looking to invest in real estate.

Overall, buying property in Oberlin, Ohio can offer a unique lifestyle for those who value community, education, and affordable living. However, the limited job opportunities and seasonal weather may not be suitable for everyone.