And Scott's answer would be: because no one who wants to buy a house in those areas has 40,000-50,000 cash sitting in their bank accounts.

ONly money spent securing the house against waste.

I've been in manufactured housing for near 30 years now. 

Hello everyone,
Does anyone have a handyman referral for Whatcom county? My properties are east of Bellingham between Everson and Maple Falls. I’m a DIYer who is really needing an extra set of hands for most things. ...

I'm looking to build a 200k guesthouse in my backyard that will have good cashflow.

This is a great place to learn and further investigate investing in real estate.

I am a resident of Virginia and purchased a rental property in West Virginia during 2024. 

I told the story of that first house in Bigger Pockets Podcast #82 

Not sure how to find the investor developers who are interested in this area.

Assuming you have access to MLS (Multiple Listing Service, a place for agents to list deals).1) Look for deals that look like investor-type of deals (e.g. low purchase price, ugly houses, or sometimes MLS will even say what type of financing it is)2) If the buyer's info is there, voila.  3) Otherwise, contact the realtor to look for leads (that will be more of a uphill battle, but you never know...)