To take it a step further we have been taking loans from our 401K’s to help support down payments on rental properties.

While we aren't that big, I only have 5 properties, 7 doors, my wife and I have created SOP's for all of the steps in our process. 

As a new investor, I made the common mistake of being too aggressive, starting with seven distressed units all at once.

Seeing your intro is a breath of fresh air.. what's your next step in building a strong investment network?

I realize that my SEO optimization and stuff isn't great, so I really need to see what should be my next steps. 

Hey, what do you think it's the first step to get into the flipping market as a beginner ?

We handle this all the time it's not difficult, just an extra step. 

For your next step, you might want to look into seller carry arrangements and joint ventures.

And the final step, what will you do with your current home?  

However, if your father inherits and later transfers the home, it should qualify for a step-up in basis to fair market value, reducing future tax liability.If the goal is to tap into equity, having the trust take out a HELOC may be a better option, avoiding California Prop 19 reassessment, which could raise property taxes significantly.