that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

I'm a "newer" investor as well but have scaled my portfolio to 10 doors across mostly Detroit and Memphis.

But keep in mind that you are not able to market or select only tenants that do or do not have a voucher.

I will say when they moved in, I had to replace the washer, the microwave, the carpet in the entire basement (required), the safety sensors on the garage.  

I invested with Open Door Capital 1.5 year ago. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

For us it varies by property - smaller more urban units can be 80,90% Airbnb whereas larger beach houses can be as low as 30% Airbnb but company wide on 65 or so doors last I checked was 40% Airbnb, 30% VRBO, 30% Other (Direct, Marriott, Google, Booking.com, Jetblue/Allegiant Airlines, others).

I'm based out of the Seattle area but I've built a 10 door portfolio mostly across Memphis and Detroit using a combination of turnkey, BRRRRs and everything in between.

New windows and doors, new kitchen, updated bathroom, new HVAC, new flooring and paint and finished the attic with flooring and heating/cooling.

Roof, siding, entry doors, windows had already been upgraded.