We have propane at our house and the tank is buried. We've been in our house for almost 18 years and not one issue with it. The valve for the tank is above ground, so there shouldn't be any maintenance on the tank, unless it rusts through and starts leaking. The only electric appliances we have in the house are the AC units and washer/dryer. Everything else is propane.
The one thing I would suggest is to "buy" the tank vs. lease. If you lease it, you are usually tied into the propane provider that you are leasing the tank from. If you buy the tank you can shop around for the best propane deal.
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