There are several pros and cons to purchasing real estate in Knoxville, Tennessee. Here are a few to consider:

Pros:
- Affordability: Knoxville has a relatively low cost of living compared to other metropolitan areas in the US, making it a more affordable option for real estate investment.
- Growing Economy: Knoxville has a strong and growing economy, making it a great location for business investment.
- Outdoor Recreation: Knoxville is located at the foothills of the Great Smoky Mountains, providing ample outdoor recreation opportunities for residents and visitors alike.
- College Town: Knoxville is home to the University of Tennessee, making it a vibrant college town and potentially an attractive location for real estate investment.

Cons:
- Weather: Knoxville is located in an area of the US that experiences all four seasons, including hot and humid summers and sometimes harsh winters.
- Traffic: Knoxville can experience heavy traffic during peak hours, which can be a con for individuals who prioritize a quick commute.
- High Property Taxes: Tennessee does not have an income tax, but they do have high property taxes, which can be a deterrent for some investors.
- Flood Risk: Some areas of Knoxville may be at risk for flooding, which is something to consider before investing in real estate in these areas.

It's important to do thorough research and consult with a local real estate agent before making any investment decisions.