I'm afraid to invest...

[Adrien Veres]

Hi, i'd like to present myself, my name is Adrien, i have dual citizenship ( French & American).

I've lived in France almost my entire life and settled to the US a bit more than two years ago to see how life goes here. I made a bad decision by working for a family member and earn 14$ per hour right now. But i'm very good at saving money, i actually save between 50 to 60% of my income each months by choosing to live in my dads house ( i pay him a little, and share the food i buy sometimes). Instead of paying a rent, i invest in a Roth ira to maximise contribution each year (5500$).

I live in california, 30 mins away from Los Angeles and rents and housing prices are too expensive, and out of reach. My monthly income is 2000$ but rent around is easily 1600$ per month ( if its a good deal).

Few months ago i've written a post on bigger Pockets but i had some changes in my life, my grandpa had cancer and i've stopped focusing on investing for quite a whiles. I was looking at every possible way to cure / treat cancer with natural stuff like alkaline food, black seeds, moringa leaves powder, baking soda & lemon, vitamin C doses...  He had a little surgery, and received a lot of homeopathic treatments, he is now cancer free. Now that he beat the beast and that he is back in shape, i started to dreaming about financial freedom  again.

I had inherited from 20 000$a décennie ago from a close friend of the family who didn't had any children, and loved my dad and i like his own son and grandson. I've never touched that money and let it at the bank. I've played in the stock market with my earnings and save the maximum of the income i could these last 2 years in a half, my grandpa also borrowed me 30 000$ to help me out build capital ( that i would pay back to him).

I now have a capital of about 87K. And my monthly income from my paycheck is 2000$ for 45 hours of work, ( i actually do extra hours that i exchange in vacation time to travel overseas or at national parks).

Here is my problem, i want to be financially free as fast as possible. I really miss my friends and family back in France, and i'd like to travel around europe. My goal is to earn 3500$ in net income per month and go back to the south of France, in Marseille. Where i can live quite well with only 1200$ per month, so with 3 times the minimum salary i can live a very well and travel every 3 months.

As California prices are too expensive, i wanted to invest out of state, like nevada, arizona, texas, florida ect,

What path will you recommend me to chose ?

I really don't like living in the US at all, the cost of life in california is way too expensive. Personally i think that California is over rated. There is so many countries that has a similar weather for expenses that are much lower. Travelling in the US is nice, but living ( in california at least) is really not my thing. If i were earning 5000$ per month passively then yes it would be nice, but for now it sucks. As im free only in the week ends, and california's traffic ( circulation) is the worst i've ever seen haha

Also the life doesn't correspond to my mentality.  

I know the easiest way to start is to buy one single family house by signe family house. But it takes quite a while to build some income. And i really want to move from here as quick as possible...

I would like to buy one or two appartements with several units, so i just need one or two property manager instead of having some spread up all around the US every time i found a good deal.

Do you know how and where i should focus my efforts ?, If i should invest all my capital in one big appartement complex or several multi units , and where should i look for biggest returns ?

My main goal is to earn 3500$ per month after all expenses, in 5 years maximum...

Another thing, is i'm afraid to invest, do you know how i can get that fear of failing out of my head haha ?

One last thing, i've seen several articles saying that the next crash could be soon. Should i wait for the market to crash before investing ? Or should i go on if i find good deals ?

I'm sorry i'm asking so many questions, and that i'm asking for a lot in a limited time, but that's my goal, i really want to achieve it !

Thank you in advance :)