I own rentals, and I sell rentals.I used to buy in the Hilltop, and Franklinton area.

I have been affiliated, many years past, with both via previous entities, in degrees of buying from and selling to/with. 

Turn key providers are a good one stop shop option, if they are being honest and transparent about the marketplace you are looking into and the product they are selling (pros and cons, etc).

. $3500/month payments for mortgage and interest payment that i need to pay on sellers behalf. 4-5 month fix and sell time line.

These are auctions that sell returned items that can’t be resold in the stores.

Is this the ideal rental or are you better off selling or exchanging it to buy something else?

It may also depend on if the lender sells the loan and who it is sold to.

you mean private lending. you are correct, you cannot pay it off unless you refinance or sell the property.

Our absorption rate (time it takes to run out of inventory if buyers keep buying at the current pace and sellers stop selling completely) has been averaging less than 3 weeks for a couple of years, but in January we were up over 1 month. 

I was unable to sell it to the rapidly declining market conditions in 2008.