Could you recommend any specific zipcodes that you think are suitable for new investors.

These tripe of properties are only suitable to, for lack of a better term, slum-lording.  

Does anyone know these markets and whether or not the are suitable for a long term rental strategy?

In some cases im still calculating suitable cap rates but as @Jay Hinrichs put it, rental income is simply one component and not always the most important. 

One other thought is that rather than trying to eat up your 1031 all at once and find three suitable replacements you may want to negotiate with your bank for a commercial line or commitment to fund your purchases but use only the first purchase to complete the 1031. 

I am for the most part looking for these properties to be turnkey in the sense of getting them filled with suitable renters.The areas that interest me most are Shelton, Derby, Ansonia, Seymour, etc - densely populated areas along the route 8 corridor, but not that close to Waterbury.With that said, I am new and have virtually no real estate agent connections.

She took out a reverse mortgage in the amount of $273,000 which needs to be paid off within six months.In short, it's a beautiful 17 acre property with a 3 bed 3.5 ba log cabin built in 2012 with a barn suitable for horses/cattle.

Yea I think I'm going to just keep looking for the best deal possible and if it's more suitable for flip, I'll do that.

As far as investing in a property without a basement, I would just be sure that if the properties you are looking at have a suitable foundation/ footing depth compared to your frost depth to avoid any expensive foundation issues. 

I have no financial interest in this company but watched a webinar of theirs and, found it was innovative that, instead of purchasing property and using it as an Air Bnb rental model for househacking purposes,they in fact simply rented a suitable place and then applied the Air Bnb model to it, using it for their personal residence if needed as well as providing rentable space for income purposes.This could be a great way to generate some significant passive income while abating your housing payment altogether, though you would not build an equity stake.