Basically, these are lands that technically qualify as Sending sites, but that have issues such that nobody really wants to build there.

So basically $2M annually.So I could spend $200k and make $24,000 in a year, or I could spend $200k and make $2M in a year.

You are basically saying somebody is willing to front the entire risk while you keep 50% of the spoils.

All kidding aside, I do believe you have the general sketch of a marketable SECURITY.  

Not actively do deals ...so , basically new investors are **** outta luck , by the time they figure all this out

It will familiarize you with the basic terminology and benefits.

It will familiarize you with the basic terminology and benefits.

As to the quandary posed by the OP: The root of the issue is that it basically sucks to be an RE investor these days.

Everyone that has more than 1 or 2 properties should have some kind of basic spreadsheet that demonstrates how much that property is bringing in after all your fixed costs are accounted for, at a minimum - PITI, lawn care, HOA fees, etc.

B class will be basically break even maybe slightly positive cash flow on a good deal with your typical 20% down payment and financing the rest with todays interest rates.