I see online its 0.45% of the assessed value, so how do we get assessed value? 

I’ve recently been thinking about renting out my current primary home (built & moved in 2019: value $550K: have a mortgage loan of 2.65%) and buying a new primary home (built in 2020: value $700K: thinking 20% down +80% loan to purchase) in the same area.

Make your cash-offers, remodel/value add (ideally), and then cash-out into a fixed rate.  

It's pretty pricey but seems like tremendous value, especially for someone like me who is just starting out.

Operational efficiency is also crucial; optimizing operating expenses and implementing tenant retention strategies, such as lease renewal incentives or adding desirable amenities, can stabilize your cash flow and reduce costs, helping maintain profitability even if rents decrease.Investing in property improvements, such as value-add opportunities and energy-efficient upgrades, can command higher rents and retain property value better than average units.

The have pretty much tripled in value in 6 years.  

A small value-add resort that offers boat rides would be ideal.

Evaluate and Negotiate: Assess property value and financials.

The vast majority the rest of the nation will continue to see moderate to slow increases in value. 

For your summarized review: PITI came to $2100 monthly.