Private servers take hella long time to make, especially with a large game such as silkroad.
You gotta admit to yourself HOW badly do you really want this up? Because you're looking at all your spare time in the next entire year or even more GONE. And then even after that, you still have to spent 6-10hours plus constantly looking for things to fix, hackers to kill, and updates to keep on. Basically, your life will be over as you know it. And even if you open up "donations" you wont hardly make enough to make it worth your while
Im not being negative, just saying how its gonna be coming from a guy who knows a few people whove made private servers anymore. Or at least i used to know these guys until they started making private servers ^^