I welcome pets in my rental but like to be compensated for the wear and tear.How do you handle this situation?

Time and effort will be compensated should this amount to a deal.

Make sure you have all of your responsibilities and expectations (as well as your compensation!) 

I would assume this person isn't eligible for unemployment compensation.

but do i need to compensate the agent

@Brandon Stiles - As the licensed general contactor, you should still have workers compensation insurance of your own because if your subcontractors some how end up with guys on YOUR job site and they get hurt you are still liable.GL and umbrella policy will NOT protect you against workers getting hurt on your site.

Good Morning, I have heard of people using their deferred comp. retirement accounts as temporary loans to fund rehabs, buy properties, etc. The terms are listed below: -9.5% Annual Interest; but you pay yourself the i...

The proven additional cashflow may compensate for that a bit but that will be largely priced in and you may even need to discount the cap rate at sale. 

Compensating factors ie. weaker credit score, weaker reserves, weaker DTI2.

Go talk to her, give her a new lease, and require either a pet deposit and/or pet rent to compensate.