A property like that I can hold forever. 

•Management complexity: Owning multiple rental properties can be complex and time-consuming.

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. 

I have a 3% and a 4% loan that I swear I'll keep forever.

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!

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.

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