I'm looking to generate wealth that will allow me to retire as early as I can; however, I'm looking for something that is as passive as possible as my current business is very time consuming. 

But I see little to suggest it will lead to anything meaningful for consumers.

The Annual Allowable Rent Increase effective August 1, 2024 - July 31, 2025 is based on the lesser of 4% or the change in the Consumer Price Index (CPI) for the Los Angeles-Long Beach-Anaheim metropolitan area.

All licensing does is provide a consumer who has been ripped off or taken advantage to have some means of regress against a crook.

I second @Bonnie Low with the rec for Baseline, if you have 1-2 properties it's easy enough to keep your books and accounts straight but any more than that gets tricky and time consuming!

I think it's a shame that fear of litigation often prevents consumers from sharing information with each other.

They receive somewhere in the realm of 1,000 complaints by consumers every year.

I have seen sites like CreditKarma or Credit Cards under-report and over-report consumers scores, so they are not the most accurate.

If you cannot accept that prospect than you are a consumer, not an investor.If you are new to the business and reward is your only expectation, then I will be the first to ask you not to meet with New Western.

Also file a complaint with the CFPB Submit a complaint | Consumer Financial Protection Bureau (consumerfinance.gov)Regarding do you have any legal action - you can prove you do not owe it but you will not get any compensation - courts have ruled long ago the only recourse you have is actual money you lost - there is no "pain and suffering" if a statement is incorrect and you have to fight with them on it.