I have many small sub divisions that won't label nice, (lot of overlapping) unreadable. While using the bullet leader symbol. What would be the best statement that would place the labels in a clear spot near the sub division that would point to the road and also look clear and aligned horizontal?
I mis-read the question the second time I read it. I started showing an example of roads but re-read and changed to polys. I hope you can see the jist and apply to lines as well.
You probably want to define several labeling definitions in the label dialog "define classes of features and label each class differently" pulldown.
As mentioned in the link by mapperz, you should set the leader tolerance to something much smaller if you want the leader to show.
If you have access to maplex . I usually set my label minimum feature to something that is reasonable for the scale. (will keep slivers from labeling)