I don't necessarily agree on domesticating wild animals, they have wilderness instincts to survive, protect and hunt. Reminds me of dingo dogs(They have been known to kill several people for 'food'.)

After generation after generation of domesticating wolves, I'm sure you can breed the right pup.

I personally wouldn't risk raising a wild dog, especially in a populated area. I'd give it some thought had I lived in the middle of Alaska.