You got the fact straights.

I "feel" like he wasn't as straight forward with me but I have gotten over that.  

Put t-posts in the corners for survey stakes so the parcels have durable corners that are easy to see.

The added bonus is that once in a while, by walking away from the deal, you might find that the seller trusts you even more as someone who is giving it to them straight, and you may find that they come down to your price to make it work.

Not like a string (straight line), but as an exponentially expanding "tree".  

For a 30 year Mortgage, if you just take a simple calculation of $1 Million / 30 years, you are returning $33,333 per year for 30 straight years on just ONE property.

At best I would get $750 with a straight lease but with Section 8 it will be about $950. 

If you took more depreciation than you were supposed to, the 25% tax rate only applies to the straight-line depreciation you should have taken, while the excess depreciation will be taxed the same as your other ordinary income without regard to the 25% rate cap.Any capital gain due to appreciation will be taxed at the long term capital gains tax rate applicable to your tax bracket.  

So, let me just get straight to the point.

Some are straight BRRRRs where they are rehabbed, then rented, then re-financed to cash out for the next property.