Figuring out Rental & BRRRR ARV

[Howard Greisman]

Hi,

I'm confused & stuck. When using the Rental & BRRRR tools it asks for an ARV. To me an ARV is after you have fixed it all up how much is it worth compared to other properties being similar. One way to obtain the ARV is Comps from a Realtor. However, is that not the fixed up value? When renting you normally don't fix up the same way as if you were selling it. Older kitchen, baths, appliances, etc., etc. So how do I find the ARV for a property that is good enough for a rental, but not for a sale? As the ARV is very important when using the tools, I want the ARV to be as accurate as possible. I might have to put in another 15-20k when I actually want to sell it and get that ARV. Any help would be greatly appreciated. I'm missing something simple here. Thank you.