Buy new investment or hold off

[Yuuj V.]

Hello BP!

At the current moment, I have about $50K liquid. 

I already have a house with 25% equity on a $100,000. 

The house has not had a tenant since I finished everything, hoping that changes real soon. (since about July)

I am hoping it brings in about $300+ in CF if my math is correct. That is including a PM to manage the property. 

I see another house for $90,000, with an $18,000 downpayment, (And other costs ~$30,000) I could grab that house and, if my math is correct, will CF about $300+. (even with a PM)

I am stuck and not sure what I should do.

I am for a market crash, obviously no one can predict the future. So I want cash on hand, cash is king. 

But I'm getting FOMO fever (Fear Of Missing Out). 

Should I play it safe, and wait for property 1 to get rented so I can be a little on the safer side? 

I was planning on saving up $100K for a 'Boardwalk' type property in MA, but thats such a large DP, I feel like I can do better with 1 - 2 other houses. This property is a 'heartland' type property, no where on the coast east or west. (or even south). 

This is a good problem to have, but I'm not sure what I should be looking at or if my glasses are getting foggy. 

My goal for 2020 is to have $10K passive income from properties, $350K - $500K in net worth.

This is doable, but my mind is going in so many different directions, its to the point of paralysis through analysis. 

One property is based in IL, the other potential property is based in OH (I'm a long distance investor). Both are SFH's.

Insight is always appreciated.