I’m looking to do a 1031 Ex w 300k down and 650 purchase price can anyone suggest areas that might cash flow w these numbers ???

Run your numbers based on youre required return given what youre likely to have to spend and the amount of headache, risk, and work you have to do.

The debate is whether it would be better to use a HELOC for lump sums rather than just paying smaller amounts of cash monthly.

We bought it in cash with 9 investors for a total of 970k contributed.  

But on this specific guy, I jumped on a call to explore the program and it was a high pressure sales call, it did not feel organic, not trustworthy and certainly did not feel the right fit.Why would someone spend 10k on a so niched-down space of real estate when they can get someone for the same amount to teach him/her everything?  

The amount depends on negotiations between you and the property owner. 

That's how he gets positive cash flow.

@Veronica Mitchell - A little bit of an open-ended question since Chicago is just so massive and has a ridiculous amount of mult-family properties. 

How should I think about cash vs. equity?  

How about a sales contract with contingencies but with a limit where the buyer can only terminate the contract if their find material defects exceeding a certain dollar amount.