Kansas City is the “Heart of America” a transportation hub in the center of the country with a small city feel and the big city attractions of art, culture, fine dining, and professional sports teams.

Or is it better to utilize different strategies?

But 1k a month in utilities definitely seems high.

I'm passionate about real estate and how utilizing this asset class can enable me to build generational wealth and retire early.

Specifically, I’d love to hear about best practices for managing shared spaces, screening tenants, and setting up house rules.Additionally, I plan to split the utilities among the tenants—any advice on how to handle this efficiently would be greatly appreciated!

Adding the current mortgage and utilities would be roughly $1,350 resulting in a profit of $650/mo.

Would it be wise to buy the land with cash we have or utilize as down payment to avoid PMI?

Utilize financial analysis and market research to make informed investment decisions.

if you are going to do things like include utilities, or have an off street parking spot, other amenities etc, there's no reason in my mind you couldn't "charge a premium" for a premium unit/service. 

My vote is if you are going to continue to buy, you need to utilize leverage.