That's $140,000 a year or $11,667 a month, double your goal.So, how do you accumulate $1 million in six years?

If you have $5K a month coming into this process you could accumulate quite a few properties quickly, provided you can get financing.

I guess the real reason I started the topic was then, to ask...How the heck do people accumulate multiple SFH for rental income properties?

The Feds say, "hey, if you are smart enough to be worth $250K/year to an employer, or smart enough to have accumulated a net worth exceeding $1MM, you are smart enough to invest in a private offering."

Sure, you will have the high tax rate on flips, but over time you will accumulate capital and have a mix of passive income such as rentals or hard money loans or (dare I say it?)

Mold started accumulating....Threatened lawsuit, immediately received an apology face to face from maintenance fixed ceiling and got a check for $1,500. 

But people who don't pay their taxes do accumulate other liens.

I'm ABSOLUTELY happy with living at home and accumulating wealth.

Try to accumulate 6 months of reserves before you go out and spend it somewhere else.

Change of scenery, meeting new people... and it keeps me focused on not wasting money and accumulating too much stuff because I always know that I'm going to have to move it soon.