Water coming from Well?

[Tim Kaminski]

Guys,   Looking at a property down here in Tampa, Fl.  Realtor pulled the info and said that the water is not hooked up to the utility company but that it pulls from the well.  I've never heard of that but am fairly new.  My realtor said he had seen it before and that I, as the landlord, would be responsible for quality and availability. Was wondering if you all had opinions on these type of properties.  My thoughts are that it is nice because it is free water, but the liability, not to mention the possible creation of a sinkhole(?) would be enough to make me steer clear. Hungry for your thoughts!