Long story short, 7%+ is just where the market is at right now. 

I would recommend finding some local meetups where you can dig in with other investors in the community.

What's team,Looking for advice on where  to start, or some actionable steps I can take to begin doing what I need to do to be able to GP a larger multifamily deal in about 2 years.

This should really be the only year where we break that 14+ day rule so in the future it doesn't sound like we will have to prorate at all. 

Are there any good resources or websites where I can learn more about these laws.I'm eager to ensure a smooth transition for the tenants and to manage this property responsibly.

We learned that a LOT of people are willing to get rid of their father's or mother's home for a song because they can't come up with the tax money to keep it.I would say we do much the same sort of thing these days but our focus is shifting to finding small multifamily where the landlord just doesn't want to go on with what he has.

Put yourself in the renters/guests shoes - where would they be looking?

I've managed to save up a decent amount for a downpayment, but I'm feeling lost about where to even begin.

It takes 3-5 days where I am for a commitment to come back, assuming it is clean, I do the following three things:Take the original contract, cut a tiny strip of paper and scotch tape it over the price and make a copy.

The upper unit was where the previous owner lived.