BRRRR investing: Renovation budget

[Ajay Sandhu]

Hi 

I need some help with renovation budget for a BRRRR deal I am currently working on.

How would you differentiate between a BRRRR renovation vs Flipping renovation?

What kind of renovations are most beneficial for a BRRRR project ?

I understand our goal in this scenario is to increase the appraised value of the property while refinance and being a durable and appealing rental investment for years to come. 

Thanks in advance for your help.

Regards,

Ajay