If you can find comps that support a lower assessed value, it's worth trying to appeal.

Long term/ short term rentals would work, ideally in the $400k range or lower. 

That higher interest will be a lower cost than the closing costs for the refinance so a net gain (depending on your new loan size). 

Don’t stress the lower income; house hacking is great because the rent helps cover the mortgage.Both Central Florida and Tampa are great, but Tampa’s been my playground for over 20 years.

Look for areas with stronger rental demand, lower property taxes, and minimal HOA fees to keep expenses down.

The FHA loan allows for a lower down payment, which is a fantastic advantage!

I considered starting out house hacking a MF, but it will only increase my monthly expenses, not lower them or provide cash flow. 

For your mortgage, a 30-year loan will give you lower monthly payments, which could be ideal while starting out.

Lower Bel-Air 5.

Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.