Does anyone here live in a small cabin in the woods where it gets really cold in the winter or know someone who does and what are the pros and cons?

I have. Electricity is an issue. Water is an issue. Kerosene is okay. The quality of your wood stove is key. It is pretty quiet which is nice. Always good to plan ahead as far as reading material is concerned because it can be difficult to get to town when the weather is bad.