Working with our agent to get a better idea on value there.Originally we wanted to find a way to utilize the equity for another purchase since we expect a decent increase in value but not sure which direction is the best way to go.

Square footage of rentable space also necessary, garages, utility costs.... ; a lender can help you calculate we have lots of tools that we pay for; find an appraiser who needs you to pour his coffee and pick his brain.

I would connect with a local agent who has experience working with investors and is an investor themselves, you can always utilize the BP Network to find an agent.

How could I utilize a law degree to invest in real estate? 

I did not increase the rent since I purchase the property, they don't pay utilities, and also they have free one parking garage) Should i just kick them out.

@Xavier Karikitan I have not done a group LLC but work with friends as backing partners and would utilize recorded legal agreements.

should I prioritize one utility over the other?

INTERRUPTION OF UTILITIES.

So they are already deducting the expenses like taxes, insurance, utilities, etc; and want to cover vacancy etc, above that.David KrulacBigger Pockets Podcast #82 

Water/Electric/Gas on site with tenant paying utilities.