If you know what you're doing it can be a good way to acquire discounted properties.

The key to a BRRRR is buying deeply discounted properties and/or adding significant value through renovation.

I have a couple timeshares i bought at a tremendous discount.

Infill lots in the city or recreational lots in the rural areas.. either way you need to buy them at deep discount to make this work. 

Another Zillow survey published in September 2023 found that 83% of home shoppers considered climate risks when looking at homes – but far too many are ignoring the warnings.The 2023 US Census Bureau’s state-to-state migration data shows Florida and Texas ranked #1 and #2 for new move-ins with 1.25m people migrating to those two states combined.Now let’s pair this with climate risk...Policygenius ranked the 48 contiguous states for climate risk based on drought, extreme heat, wildfires, flooding, and climate change preparedness.Guess which state has the highest climate risk?

In fact if you start discounting vacancy, cap ex, insurance, taxes, etc.

Are they required to publish financials or do they simple "intend" to publish financials? 

I'll take all the discounts I can!

Some will be over-achieved and some will be under-achieved.I don't put much credence in the published returns. 

You can be ready to acquire properties at a discount from those forced to sell due to cash flow issues​.Focus on Cash Flow Today: With BRR"R"RR, you are prioritizing properties that cash flow from the start, making your investment stable and less reliant on speculative future appreciation or short-term market shifts.