I almost bought a receiver for $3500, and figured out the costs would make it just as much as a running conversion if not more.
You have to buy a semi-auto from someone and use it to sacrfice- $400.
A gunsmith will charge you $100 to strip everything and another $100 to install it onto that receiver.
Now you have to buy a conversion book for $30 at the gunshow or online.
You have to figure out which conversion method was used.
The parts needed to be made must be done by a good machinist, and that will be a lot more money, say $400.
Then the parts must be installed, and the timing then must be checked which is more money.
You will need to have the gun re-blued or parked, $150.
It will be a little over $5k and lots of time for buying stuff, researching and waiting for the gunsmith and machinist to boot.
I see running full auto Mini-14 conversions for $4200-$4800.
I would spend the extra $1k and get a real AC-556, they have warranties and are not going to have reliability issues like a Mini-14 conversion.
JMO