@Karen SmithAs jay mentioned private lending has been around forever and it’s really not on the rise - I think it’s always been a large player in the real estate investment space for short term loans.

Submitting real offers that you feel confident actually closing on and having a strong sponsor to work with that has a track record will go much further towards you winning deals.In short, you can pursue larger deals right out of the gate if you want to, but generally expect that it'll take you longer to win one and make sure you have the right players on your team so that you're prepared to win them and to close them once you do.

You should engage with the local players in the commercial market i.e.

Yes, the more units you go up, generally the less players in the game so there is some advantage in purchase competition as you go up, but also more management scale and cap ex for someone who is new.3.

Agree, STR are saturated but given the numbers, I expect unsuccessful players will leave the market.  

You'd have to do the research locally, market by market, to determine who the players are.

Those are the players for residential...commercial the same way.

The pref layer is a third party institutional player.  

You can check out this group to know who the players are.

Do you have a CLUE how many big players still make a fortune wholesaling?