Is your $15k even enough of an emergency fund for you personally?  

Your personal loan has a 5 year balloon period.  

This was my first time buying a property solely for an investing purpose, and Melissa Justice was the person that I was connected with to help me pick out properties.

Personally, I love working with distressed properties, especially foreclosures.

I would never own rental properties in my personal name.

Many of them have restrictions that you must owner-occupy the property for a minimum number of years - or you'll have to pay it back with interest.Also, the standard mortgage requires you to owner-occupy a property for a minimum of 12 months before renting it out.

Also, if you're familiar with Chicago, it's your standard 6-unit building, so imagine the sidewalk surrounding it. 

@Michael ReilmanKohler and American Standard both make great toilets, but Kohler toilets have unique parts that you can't replace at Home Depot or Lowe's.

Quote from @Vince Scipione: Standard would be an FHA loan for your situation more than likely.

Many banks limit personal loan amounts.