Re: real common situation.
My standard line would be to raise the flop and continue betting the turn and river. If he 3 bets the flop I would cap then call down if he continues betting the turn and river.
I'm a pretty aggressive blind stealer and good players play back at me from the blinds with marginal holdings. I like raising the flop in this situation because the SB is more likely to call down with his middle pair or decent Ace to a flop raise. Waiting for the turn to raise allows him to get away from his holdings that I am way ahead of.
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