Should I buy a house across the street from an elementary school?

[Danny Farrell]

I'm considering purchasing a duplex...good neighborhood, nice property, but I'm hesitant because it's right across the street from an elementary school. I would be living in one unit and renting the other. I imagine that the traffic and noise at certain times of the day may be a nuisance. Anyone have any experience/advice on the situation? Any other pros or cons with living across from a school?