First off welcome to the hobby, it can be very consuming so I think the 2 bucket kit is a good buy, I have already moved on to three fermenting buckets and 2 carboys within a few batches and could easily expand again. As for storage everyone is right in just needing a little bit of space in the corner of a room or in a coat closet. I keep mine under the stairs with a space heater to keep the area close to 70*.
With the electric stove you might have to do smaller boils but that is not a big problem as I do a 3 gallon boil and then top off with boiled water to get to the five gallon mark. It looks like that kit comes with most everything you need and I agree that getting a nicer ingredient kit will go further than a generic kit that often comes with starter set-ups. One thing it looks like you might want to get a few more airlocks so that way you can have more rotation on your fermenting buckets and get better production rather than waiting to start your next batch because you have your airlocks all used up. I also use small basins to set the fermenting buckets and carboys in so that there is less chance of a mess when things spill and try to make a mess. Happens to all home-brewers, sometimes your bucket overflows and the mini buckets help catch it. Just a little something to keep SWMBO happy.
The other thing I did was get a 20 gallon rubbermaid container with lid to store all of my brewing supplies when not in use. That way everything is together when I need it and I can control what the tools are used for. I keep my capper, caps, bottle brushes, 5 gal pot, wort chiller, long spoons, hydrometer, thermometers, sanitizer, brushes, airlocks and everything else that I need. Again keeps wifey happy because my ish is not all over the place and I can find what I need quickly.
The last tip I would throw out there to the new homebrewer is to use Star-san sanitizer
Star San- 8 oz , took a lot of the guess work and fear out of brewing. Just needs 10 seconds and you don't have to worry about everything drying out before using it. Great product and I can't wait till we can buy again in California dang EPA. I also suggest the bottle sanitizer
Bottle Rinser- Sulfiter as it makes bottling so much faster but again it is up to you. For me it was well worth the money but does take up more space. (Still fits in my Bucket!)
Hope you enjoy your first brews!
