all depends how skilled you are at plastering/rendering and what u are rendereing, if its over st blockwork, I can 2 coat same day, and use a bath sponge, and leave a good job, but to do this u need to be useing double washed plastering sand, and fairy liquid, imitations dont work,
if you cannot get 2 coats in 1 day when scratched up it will be very hard to top coat render to a prfect level job and bath sponge, but it still can be done,
some plasteres need to rule off before leaving a good enough job
to sponge but like I say it depends how skilled you are, on old work its a different game you need string lines and all the gear
I once worked for a specialist render firm with very big money earners £1200 per week average 12 years ago, when i first started for them I had a feather edge and darby and they laughed at me
in the old days it was a wooden float we used