Here in Raleigh, its not unusual to see a duplex with plenty of deferred maintenance that rents for $600/side priced at $200,000.  

The job description would includeAll "non-license" based maintenance work which includes, changing bulbs, paint, cleaning, toilet clogs etc.Landscape maintenance (May be snow removal, not sure yet)On site human security camera (just look out for any unusual stuff and report).What am I missing?

Its not unusual from what I see for marketers of this type of material to charge this type of fee.

Here is an exert from Inman.com FSBO and discount-broker sales at record lowsYou might think that the internet and today's seller's market is coaxing an unusually large share of homeowners into selling without an agent.

Any special or unusual RE rules that I should be aware of, for Indianapolis?

The best way I've found to implement this is lease as close to FMV initially which is typically not an issue since I have a nice, newly updated place with lots of creature comforts unusual for my area (A/C, Fiber internet, private fenced yard with lawncare, pets allowed with no fees or pet rent, completely remodeled interior (1950s original construction).

A deal that generates such positive cash flows cannot have an unusually low IRR without a compelling explanation, even with a standard cap rate expansion assumption.

That's the value of an agent who goes hard in the paint on due diligence.Now, an example of an agent thinking creatively and seeing a value-add opportunity that everyone else missed: There was a house that had been on the market for a long time, and the reason was obvious: it was only a 2 br 1 ba house, and the floorplan was very, very weird, so nobody wanted it...however, my agent spotted that the listing had unusually large Sq footage, so we went to check it out...10 minutes after walking into the house, my agent says "we can turn this loser into a winner".

She says there are some out-of-state investors that are starting to come in and build four Plexes in the area and that is unusual for this area.

I assume so  2)  a  heloc at 5.9%  rate  seems   unusually  low ..if this is  accurate - this is a  great rate 3) is the  $880 payment for the  heloc an interest  only payment or  is this a  full amortized  payment ?