No guts. No glory. I kindof like that philosophy.
However, if he lives fairly close to you, you'll have to weigh in the "stalker" issue (which I think that I understand) and the whole "we run into each other all of the time" issue in case this relationship, or whatever it is right now, goes way South.
Or just go for it. Then have a REALLY good Plan B in case the friendship goes awry.
Good luck. He sounds like he makes you feel a bit tingly. Or something else rather wonderful. Seems a shame to not explore the possibilities.