Hypothetical question on rental property

[Al Bunch]

If I pick up a property using hard money and budget $20k for repairs - $8k of which are for the roof and flooring, how would you proceed:

Roll everything into the repair budget and get it done under the hml before you convert, or, finish all the repairs except the carpet and roof and do those after you convert.

There's no underlying motive for doing one or the other, I'm just looking for and pros or cons.