. $200-$250 sq ft is not unusual, depending on condition.

Is this unusual?

@Alexander Price 70k is not out of the question as there are comps to support that, but also comps to suggest lower, but that is not unusual in many areas. 

Yes, that really is my name, it's not simply an initial...quite unusual, I know.  

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?

Just make sure you run all your numbers, make sure that it makes sense and have multiple exit strategies to handle the uncertain future.

Because the uncertain interest rate environment, NNN sellers are more likely to be flexible on pricing as the asset class is closely correlated with interest rates, which are on the rise, meaning its becoming more of a buyers market out there.

For those who made it this far, I thank you and hope you've been safe/healthy during these uncertain times.

Also uncertain how far down the chain can we go before backing out of a deal if we realize it's a bad one (eg inspection, appraisal, etc.).