You can build an excellent rifle with that budget. These parts are what I frequently use.
Complete Uppers: Bravo Company
Bravo Company also has complete lowers for $400, bigly excellent choice, comes with a good FCG, for mil-spec that is
Receiver, upper & lower stripped: Aero Precision- ArmorAlly is my first go to place, shop around!
Most Important Part- Barrel: Faxon makes excellent barrels at a reasonable price, but don't go cheap on a barrel. Colt, BCM, Noveske, DD and Larue (probably the best since they are made in TX
)
Muzzle device: standard or extended A2 hard to beat $10
Gas Block: Faxon also has, I am partial to BCM and Geissele. Some barrels come with GB's, Geissele non-blem rails come with GB
Rail: Geissele (especially when on sale, especially blems!). Midwest Industries and BCM are excellent choices
BCG: Shark Arms has Colt for $125; Toolcraft is my next go to BCG ~$60-80, ArmorAlly my first go to place for Toolcraft. Note- Toolcraft only makes carrier, bolts are outsourced so check specs, ArmorAlly is gtg source
FCG: Larue MBT $87.
Buffer: I find a carbine buffer laying around and make a specific weight buffer using tungsten weights from
here, using "5OFF" coupon
Receiver extension- 7075, carbine buffer, action spring kit: Aero Precision, shop around, I've gotten mine for $30-40
Action Spring: I only use Tubb ~$30