That is the backbone of the business meat on the bone for all to eat !!!

Get a roommate, eat in, drink at home, love Ramen, drive the same old beatup car.

A poorly run property can eat up your earnings quickly, keep a close eye on operations.

That's because if for whatever reason things go south, depending on your jurisdiction, a foreclosure can eat up a lot of capital and time, there's also the threat of federal/state tax liens complicating matters. 

It's the you know it will happen stuff that you plan ahead for it's the OMG stuff that eats your pocket book up.

How are you chopping up your nest egg?

I have spent every minute I have at work and at home reading post here and I figured I would ask this question to get pointed in some direction instead of just reading randomly.I have a long term CD that will be at the end of its term next month and it will be about 12k that comes my way. instead of just taking it and reinvesting it for another year and earn 0.61% interest I'm wanting to take it and invest in real estateI Have ruled out buying houses because if I can find a property for that it will eat away at all that I have left.

Ultimately I would like to start flipping and apartment rentals but need a little nest egg to start. 

You will need to bid against many people for the nice ones to win and then that eats into your long-term ROI and cash flow.

They will eat you alive if not careful.