Raw Land -> Timber, Hunting, Oil, and Natural Gas?

[Brooks F.]

This is the topic that first got me interested in Real Estate. I was planning on buying raw land, and it seemed like you could make a killing by layering over several different uses, including leasing hunting rights and pumping oil and natural gas, or timbering the land.

When I crunched the numbers, they always seemed to work out. My questions are:

1. I know lots of people do this stuff, am I missing where raw land development and cashflow generation methods are discussed on biggerpockets? I don't see any place where this stuff is referenced.
2. Devoid of number 1, does anyone else do this strategy? Any good resources on getting started here?