New landlord liability advice

[Jacob Stan]

Hello,

I will be purchasing my first multi family property sometime this year.

The one thing that has been holding me back is the liability associated with being a landlord. I plan to potentially hire a property management company to handle day to day issues and for acquiring tenants, but I still would like some advice on what to expect legally.

Of course I plan to maintain the properties well, but I still would like a heads up on how to protect myself and my investments. I’ve already spoken to a few landlords and read a few forums, but it seems that not everyone agrees on everything.

Could you please suggest any books or articles on what to expect and how to approach my first investment wisely? Id like to review my options on my own and consider what would be best for me.

I’m also open to all advice that you have to share with a new investor.

Thank You!