How to Make $5,000/Month from SFRs

[Stephen Rager]

I watched the making $5,000/month from SFR; I'm trying to figure out how to get additional properties to rent and the deal makes money.

If I purchase a property at $50,000 at $10,000 cash needed to close, cash flow $200 after expenses. If I start with $50,000 I can not buy more than 5 properties. That is cash flow of $1,000 per month.  

I have to wait 10 months to get one more property at $10,000 cash needed to close. That's no more than 1.2 properties a year.

In the webinar, Brandon shows the person doubling ownership a year, but not by cash flowing. 

If I borrow $10,000 from a loc at 4.5%, my personal property.  I could purchase another, but the problem is I've only increased cash flow by $200 and still have to pay the $10,000 back in 10 months or slightly less at $1,200 a month now. 

What are my options to double like he's showing if my money is in play? Borrow from hard money lenders? It seems like your still cash flowing to pay off other people's money. 

I don't have my time, to work on the properties because I run a business at requires, for now, 60 hours a week on average. This part of the equation is changing as I've been in business for 5 years and am hiring in people to replace me. 

Thoughts on strategy.