Thank you, Aaron, our "cash on hand/savings" situation is actually pretty good and we have a great relationship with our local credit union through which we have our current mortgage.

Ultimately, I want to attract the highest quality tenants - IMO, your focus should be on that.

Initially I was going to try wholesaling, but ultimately I wanted to get to fix and flips, so it worked out beautifully.

And congrats at saving up $15K for an investment property.1.

Did you ultimately decide to build?

;) What kind of properties are you ultimately looking for in Indy?

Some people are totally happy with using property managers and it saves them stress and headaches. 

So I am currently 17, getting my emt and starting up a party rental business for the weekend. i only have 3k saved up but was wondering how much i should i have to buy my first rental property.

Whether you sell or refinance ultimately depends on your goals.

I plan to just purchase straight from the owner and no agent, because he isn't willing to spend the money on one, and I'd prefer to save a few grand on a cheap property when my offer has been "accepted."