Is this better than the "BRRR" method?

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So I am just curious, after researching. Before I get into it, let me tell you what im looking to achieve in RE. 

My goal in RE is to build a portfolio of residential and commercial properties AND eventually get into developments. I know it's not a get rich quick scheme, and I know it takes time and money. I am looking to build not just passive income, but I would like to start bringing in a decent chunk of income solely from RE investments, if this makes sense. Please let me know what plan / method is best for me. The way I work, is research, learn, and get right into it. I don't want to be stuck in that research / learning phase, since I feel like most of the learning process in RE and other industries comes from actually doing it, and not just forums / podcasts. 

Many people on here refer to the BRRR method being the best way to do RE.

The plan I had was to save up money, find multi family properties and rehab, rent and use the rent to pay down the mortgage and whatever is left over monthly is my income from that property. 

Then I continue this process over and over again. What is this method called?  

Please explain why my method would work over the BRRR and, vice versa if you think otherwise.

Thank you