I am trying to install Odoo 12 from source on Linux. 
I have postgresql version 13

I have python version 3.8.11

when I am running

python3 odoo-bin -c /home/user/Documents/user/odoo.conf -d mydb 

in my venv then I have those logs:

ERROR: couldn't create the logfile directory. Logging to the standard output.
2021-12-05 11:44:07,162 30823 INFO ? odoo: Odoo version 12.0 
2021-12-05 11:44:07,162 30823 INFO ? odoo: Using configuration file at /home/user/Documents/user/odoo.conf 
2021-12-05 11:44:07,162 30823 INFO ? odoo: addons paths: ['/home/user/.local/share/Odoo/addons/12.0', '/home/user/Documents/user/odoo/addons', '/home/user/Documents/user/odoo/odoo/addons'] 
2021-12-05 11:44:07,162 30823 INFO ? odoo: database: default@default:default 
2021-12-05 11:44:07,222 30823 INFO ? odoo.addons.base.models.ir_actions_report: Will use the Wkhtmltopdf binary at /usr/local/bin/wkhtmltopdf 
2021-12-05 11:44:07,300 30823 INFO ? odoo.service.server: HTTP service (werkzeug) running on localhost:8069 
2021-12-05 11:44:07,305 30823 INFO mydb odoo.modules.loading: loading 1 modules... 
2021-12-05 11:44:07,314 30823 INFO mydb odoo.modules.loading: 1 modules loaded in 0.01s, 0 queries 
2021-12-05 11:44:07,314 30823 WARNING mydb odoo.modules.graph: module auth_totp: not installable, skipped 
2021-12-05 11:44:07,316 30823 INFO mydb odoo.modules.loading: loading 5 modules... 
2021-12-05 11:44:07,337 30823 INFO mydb odoo.modules.loading: 5 modules loaded in 0.02s, 0 queries 
2021-12-05 11:44:07,338 30823 ERROR mydb odoo.modules.loading: Some modules are not loaded, some dependencies or manifest may be missing: ['auth_totp'] 
2021-12-05 11:44:07,420 30823 INFO mydb odoo.modules.loading: Modules loaded. 
2021-12-05 11:44:07,423 30823 WARNING mydb odoo.service.server: Server memory limit (450387968) reached. 
2021-12-05 11:44:07,423 30823 INFO mydb odoo.service.server: Dumping stacktrace of limit exceeding threads before reloading 
2021-12-05 11:44:07,424 30823 INFO mydb odoo.tools.misc: 
# Thread:  (db:mydb) (uid:n/a) (url:n/a)
File: "odoo-bin", line 8, in 
  odoo.cli.main()
File: "/home/user/Documents/user/odoo/odoo/cli/command.py", line 60, in main
  o.run(args)
File: "/home/user/Documents/user/odoo/odoo/cli/server.py", line 176, in run
  main(args)
File: "/home/user/Documents/user/odoo/odoo/cli/server.py", line 170, in main
  rc = odoo.service.server.start(preload=preload, stop=stop)
File: "/home/user/Documents/user/odoo/odoo/service/server.py", line 1258, in start
  rc = server.run(preload, stop)
File: "/home/user/Documents/user/odoo/odoo/service/server.py", line 532, in run
  dumpstacks(thread_idents=[thread.ident for thread in self.limits_reached_threads])
File: "/home/marcin/Documents/migrations/odoo/odoo/tools/misc.py", line 941, in dumpstacks
  for line in extract_stack(stack): 
2021-12-05 11:44:07,424 30823 INFO mydb odoo.service.server: Initiating server reload