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The 3rd sucks because you will never win a stack. The way played you are going to pay off the straight too much.
You win $14. Not bad, but you will never win a stack. If I win a stack one time, villan can fold the flop 3 times and I win the same amount of money as you. Thing is your way is capped, you can't win more. If he ever calls the flop or turn bet these 3 times he doesn't stack off, then I am winning more $$ than your line.
It's discussed in T&P, you need to figure out how to get your opponents stack when you have a good hand. If he has 100bb, 2bb, 4bb, 16bb is not a stack. Raising pre-flop, 4bb, 8bb on flop, 20bb on turn, there is a PSB left on river (not saying this is best line, just better).
Value isn't how much you won on that specific hand, but how much you will win long term. Don't try to milk eV from MP. You need to assume they have a hand they want to put $$ in the pot with.
If someone min-bets, then folds to a raise. You should always raise, not wait for a strong hand (set) to do so.
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