Need suggestions on real estate investment strategies

[Li Ou]

Hi, I'm living in the San Francisco Bay Area, single, working a W-2 job that brings in about 50k a year. I'm currently sitting on 500k in cash, and I don't have my own home yet. I would like to know if there's any investment combination that I can purchase my own home and at the same time pull in about $3000 a month in cash flow so that I can quit my current job? I prefer to stay in California, if not the Bay Area, but I will also consider moving out-of-state if that's not achievable in Cali. I've been thinking doing a combination of a small multi-family home and 2-3 short term rental properties. I'm still pretty green to the real estate investment game, so please share some input. Appreciate it in advance. Li