You may also be requires to undertake an environmental assessment of the property by the lender (to prove there are no old USTs or other surprises waiting to ruin your, or rather, the lender's day).Where you can often successfully purchase a residential property without using a buyers agent, an experienced commercial broker will be an invaluable player on your team during the purchase of your first few multifamily properties.Enough rambling ... and I did not even get through the purchase processes ... must take the boy to daycare.

A lot of the big name players (Wyndam for example) now manage most of the condos and beach houses in the area I'm targeting so I think that might be my best route.

I'd suggest asking HMLs if they are associated with any wholesalers that have good deals, or who the big players are.

People will start to recognize the signs with your name and think you're a player in the area.At the open house talk with every guest and get as much information as you can.

What are the big players doing like the (hedge funds, Toll Brother, KB home).

The biggest players in the market now are the actual tower owners themselves. 

You're either a game player, or business person.  

The new 'players' generally don't dig, because that's lots of work.

It's neither a heavy cash flow property like many on BP look for nor a break-even/cash-flow negative property that appreciation players often take.

There are several players on BP.