But then there is something called improvements, and the improvements is just as much, making the assessed value $2x. she has no idea how this could be.

They tax based on a percentage called the assessment ratio.Example: Market Value: $300,000. 

We got a total of $503,894 knocked off of the assessed value of all our properties.

Are there any classes anywhere that will help me to assess a budget or to know what a place needs at a glance?

I’ve walked hundreds of properties with investors and it always comes back to how well we assessed it up front.Also just to add some extra value, if you’re serious about flipping, going to meetups is one of the best ways to level up.

I've also found it incredibly helpful to involve third-party vendors to assess any damage.

I'd love to utilize their expertise when assessing a property since they are local but I'm not sure what the general expectation is when I don't have a tangible property and I have not entered into contract to work with them yet.Some questions I have are: local regulations/permitting timeline, property's potential from their perspective, landscaping/amenities cost estimate (they also help facilitate this).

(Important timing note: Federal tax liens automatically expire 10 years from the date of assessment under IRC §6322. 

If it's assessed at 250k and you buy it for 700k odds are the property taxes will go up to or near the purchase price.

My sister and I are currently analyzing single-family and small multifamily rentals in Cleveland (Cuyahoga County), and we’re trying to get a more accurate estimate of property taxes for deal analysis.We know that the current tax amount shown on the Cuyahoga County Property Search site is based on prior assessed value, and taxes don’t always adjust immediately after a sale.