Highly leveraged players will get knocked out first, large players with deep pockets will weather the storm and will start to acquire the excess supply.I had a very interesting conversation with a guy who's job it is to crunche numbers for REITs and pension funds - they will go all across the country for a solid 3% ROI.

The wholesaler is a key player on your team it sounds like. 

I join an apartment mentoring group and got around the players.

The 2 big players which I consider my main competition currently have their hands full.

I'm sure you'll meet a few key players and make referrals there.

Between the two major players of trade shows this is my preference. 

If you hang out in the forums long enough you'll start to know who the bigger players in the space are.

Arbor, Greystone, and ReadyCap are the other big players in that space.

The market can remain irrational longer than you can remain solvent." this was a very very real scenario that caught many a developer in a pickle or syndicator or what have you.Ken Harter in Oregon was the largest player in the senior housing space he needed to refi in 09 about 1b or more in loans that had the 5 year calls... 

The big players don't discount rent traditionally, they can't afford to.