This is just as it says, a placeholder for the actual m3u8 playlist that will be created once the streaming starts, don't worry about that (if you are interested, you can check the global hss.cameras.camXY context when a stream is running and you will see that the word "placeholder" has been replaced by a node id. This is a trick I use to be able to make a re-usable subflow)
The camera params are instead configured in the flow tab. See below the example for RedBull TV
Open the inject node and look att the params configured. Those are params needed for ffmpeg. In there you see the actual url, "http://.....", this is where you should put your "rtsp://......"
But, this might not be enough. I do not have any camera providing rtsp streams but there has been other discussions in here where the correct params when streaming rtsp has been published
Let me see if I can find them...
EDIT: Something like this I think might work:
The msg.action:
{"command":"start","args":["-loglevel","error","-nostats","-f","rtsp","-rtsp_transport","tcp","-re","-i","rtsp://admin:aixyaCAm@192.168.2.26:554/stream0?username=admin&password=CE04588A","-c:v","copy","-c:a","aac","-f","mp4","-movflags","+frag_keyframe+empty_moov+default_base_moof","pipe:1","-progress","pipe:3"]}