My last lab would retrieve (and kill, if he could) beavers, and could trail anything. He was unusual for most labs in the ‘kill fur’ department....hated wild fur bearers of any sort. Never had any trouble with otters or otters vs dogs here, although we have lots of them. Generally, we don’t provoke them, and nothing prevents us from seriously discouraging or ending one that got aggressive, if need be. Spend more time worrying over gators when I’m in the Louisiana coastal zones.