You just need a good property manager.

For example, roofers, welders, and construction workers frequently make above $40 an hour because demand is so high."

Where I have seen "open concept on the way out" is in the very high end properties.  

The ground floor was redesigned for retail units, while the upper floors were converted into modern, open-concept office spaces.Modern Amenities: Introduced features like energy-efficient lighting, upgraded HVAC systems, and high-speed internet infrastructure.Aesthetic Upgrade: Refreshed the façade with contemporary materials while preserving historical elements to maintain its character.OutcomesIncreased Occupancy: The property went from 40% to 95% occupancy within six months of renovation.Higher Rental Rates: Upgraded spaces commanded rental rates 30% higher than before.Enhanced Property Value: The property's appraised value increased by 50% post-renovation.Investor's ROIBy investing in smart architectural design, the investor not only revitalized a neglected property but also significantly boosted their ROI through higher rental income and property appreciation.

This was a highly successful transaction.

The profit was used to buy a higher quality SFH in the same area.

You only get one shot at retirement so I'd highly advise at least having a conversation with a financial planner.

So the question is whether your house is a good rental investment long term.

Fees seem high but could potentially be worth it.

It’s not an area that you can say this zip code or this neighborhood is good or bad.