In addition, I have no rich relatives - so borrowing large sums is not an option.That leaves private lenders and creative financing.

Update on how my search is going for Creative Financing.  

I enjoy having a hand in some of the work and do it to understand what it takes to get the job done, and I have found that it also me with creative solutions.

There might be  a creative and ethical way to approach the situation, perhaps there might be e value add that you could do for the property and let your tenant help with the choice of what they would like i.e. a new fridge or new paint (let them pick colors) and let them know that you will be increasing the rent. it might backfire if they tell you they would rather not change anything but if they do then you can raise rents cover the cost of a minor renovation in a couple months and proceed forward from that point with a higher rent and happy tenants and you will have the added benefit if you do something that with increase your property value like new flooring for a small room.

Your relationship status will outline how much freedom you have to be creative with your living situation to free up money or make additional income.

Just trying to be creative in the approach to funding with "No Money Down" even though money is involved throughout the process and it would take refinancing to end up finalizing under one mortgage.  

I have had numerous discussions with CISP's on this and know of one who is an active (and creative) note investor who actually buys notes, forecloses on them, turns them into REO's  and provides seller financing and sells them off as partials.When you refer to actively working out notes, I do not workout my notes.

I need an attorney that is well rounded not only in holding but in creative strategies such as Master Leasing and Wholesaling of apartment transactions.Any recommendations would be greatly appreciated...Respectfully,Tammi

The taxes have to be paid for the property to transfer.Al you have to do is agree on a price (or other creative terms as @Carrianne Mucho  mentioned) write up a contract and give it to an escrow company.

Im a fan of not putting money down and buying creatively.