As the OP of this thread, there is nothing more than I hate than an unresolved question, so I hope to bring some closure to this thread. I have carefully read and taken into consideration all of your comments, both positive and negative. I want to thank you all for sharing your thoughts and it has made me come to a decisive conclusion about this particular property (besides other possible issues).
At this point, this is the property I want, but not the place I need or will need for the foreseeable future. Unfortunately, I'm unwilling to undertake some of the risks that entail maintaining this property, despite how well maintained it is. In the future, I'm looking forward to being a part of the pond community, but today is not that day. I'm sure I'll be be here in the future once I'm ready to jump into the deep end and join the community. Take care folks and I'll be lurking here for quite a while.