What getting them reappraised will do is allow you to take off more debt (thus likely increasing interest expense) and reducing the income from the property. 

With the holiday's here now my anxiety level is rising.

With the holiday's here now my anxiety level is rising.

You can protest by May 15th of next year to have a hearing to reduce 2022 taxes but if your purchase is not less than the tax value you have little chance of a reduction

Like - in a down market, they can reduce your assessment - but, the rate goes up.

Within the first 3 months we only had 1 paying tenant and no one wanted to rent from us even at a reduced amount, but we were getting a lot of applications and people were paying the application fee whiched helped us pay our mortgage.

You can't put a property under contract from the first phone call in reality because there is always in-person due diligence being done by someone, often to reduce the price of that first "no-look" offer.

As it builds, it reduces the value of your cash, PV and equity. 

Sandy - be prepared that Oakland realtors typically lis 20-50% below expected close price to drive buyer anxiety and competitive bidding.

How can you go about reducing/mitigating those factors?