I can't remember the last time a tenant's pet cause damage that wasn't covered by the deposit. 

I have more pics where only able to post 2 per post.Based on our visual structural inspection of the referenced residence, all the roof framing and themajority of the residence should be rebuilt except for structural members on the front side whichwere addressed in this report.

Keeping this as a rental would not cover the mortgage (we'd have to pay ~1500 a month including utilities) and we can afford the extra payment, but is it worth it when looking at appreciation?

So make sure you can cover both loans for awhile. 

I buy for cash and then pay about 6 pref to start to investors but I KNOW Sams Club covers all the variable costs because it says so in the lease. 

One note is that if the property was helping cover my costs of living while I house hacked it I wouldn’t worry about negative cash flow while I resided there.

That is where the letter of the law stands and to have you covered..

Second, I have experience with hundreds of pet owners and it is very rare (in my market) for pets to cause more damage than the deposit will cover. 

Future AppreciationLynchburg’s market has seen about 5% appreciation recently (4.3% Sep 2024), meaning your property could gain around $110K in value over 5 years, helping to cover renovation costs.

One was making an extra $600/month while covering all of his household expenses with just 3 PadMates.