If you are vetting large-scale multifamily or commercial, you can do a bit more on spreadsheets, but still it would not be relevant without knowing the potential cap ex. 

We would love to connect with investors, as well as investor-friendly realtors and property managers in the northern Alabama region.Any insights into the local market or recommendations for neighborhoods to explore further would be greatly appreciated.

You might want to partner up with a friend or family member to mitigate the costs.

I imagine that if ALL the LP"s protested with Form 8082, the IRS might have taken note.I need to write some posts about the Tricks and Traps that some syndicators [not you, of course] use to the detriment of the LP's.But the Form 8082 is your best friend.  

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 ???

I heard about bigger pockets from a friend of mine that has successfully built and rented multiple properties in our area. 

those would be tough to land shiloh  maybe friends or family.my advice FWIW is total liquidation IE sell it all.. get out of debt and start over . 1.4 mil in equity probably will realistically boil down to less than half of that in cash..

Very landlord friendly.  

And in that one, my friend did it to himself, he took a $5k down payment on a flipping duplex.

I definitely would recommend each of them - very resourceful and of course, investor-friendly.