Rental Properties on a Pond

[Matthew McMenamin]

Is the liability of "waterfront" property worth it for long-term SF rentals? I'm looking at a house in Indianapolis that has one of those suburban-type ponds in the backyard, so we're not talking about swimmable lakefront property. I would imagine some renters with kids would not want to rent somewhere that has an open body of water where their kids might get injured/drown. It provides a nice view off the back porch, but I'm wondering if I should just steer clear of the risk. 

[Bob B.]

I would be curious to see where a landlord was successfully sued and held liable because someone was injured in a pond that their property back up to.  Maybe in California.