AND there aren't many note buyers who will buy notes with large balances in the range you mention. 

I also have a wide range of other investments, including stock options, which I plan to rely on in retirement.

We have around $150,000 available for investment.We understand that finding deals in this price range in Phoenix itself might be challenging, so we’d love to get your input on areas near Phoenix where our budget could work.

For the most part the homes have been under $225,000 renting between $1495 - $1695 range. 

You clearly have factored this in already.

With $50K and a DSCR loan, your budget will likely cap at properties in the $150K-$170K range, depending on the closing costs and any repairs needed.

And what is your price range and are you looking for turn-key properties or something along the lines of a "fixer upper"?

After 5 years, my wife and I decided to make a change and moved to Nashville TN where I work as a project manager on projects ranging from several million on up to around 300 million.

Are you looking in any certain area of ATL and do you have a price range for a purchase price that you're targeting?

For flips, we try to stay in the $130-200k ARV range.