What does your Buy and Hold "Good Deal" look like?

[Christopher Malone]

I recently posted what my idea of a  "Good" buy and hold deal looks like. 

What are some you your strategies for buy & holds? When analyzing, when do you feel "the calm", right before you pull the trigger on what you think is a good deal?

[David Krulac]

I'm looking for:

Good school systems

Low crime areas

Residential areas with few renters

Quiet side streets, cul-de-sacs are great

Close to amenities

Close to transportation

Must be positive cash flow

Bargain priced is usually a good thing

Not next to:  highway, bar, junk yard, sewer plant, commercial area, loud areas, negative things that you can't change.

Non flood zone areas

Public water & sewer

Non oil heated houses

Yard not too large or too small