Outstanding wood collectors. Mine has 770 weight and can carry 3K wood plus rider. Holds wood at 1/5 weight and can be used as mobile smithy. This teamed with a doed can construct a base in minutes. Must have.
To empty a Beaver dam(always completely empty to allow more to spawn), open Iventory of dam, then immediately close it and jump on a semi quick tame(preferably a bird). The beavers will now follow u anywhere. Lead them far away, or over a ledge then return and empty tha dam. *this has to be done for each individual dam.
Do not raid their dams unless u have:
1. Strong dinos (preferably flyers)
2. Strong ranged and melee (EG: rifle, crossbow, pike)
3: increadible weight
I learned from experence when i raided a giant dam and nearly died.
Beavers when killed give you an odd amount of pelt good for beginners who can make a cage and lour them in then shoot them with bow. Also when you tame a beaver you may set it on wandering and it collects wood for you
Just because u can't ride one doesn't make them worthless! Take him to a group of trees and set him to wander and he will harvest them for you, this is better than a metal hatchet for wood if you level his melee, I would tame one the moment I unlocked tranq arrows to make setting up a base easy!
My advice for the island is look at the edges of swamps their dams tend to be built in that area and keep a flyer close because once you start to tame them they have a weird tendency to attract titanaboas...