Are Subject To contracts allowed in Maryland?

[Darrell Bratton]

I hope that I have picked the right forum, if not, please direct me to the right place. I am a buy and hold investor and I have a property that has a high mortgage and is not cashflowing for the owner. I think that I could turn it into a student rental and make it cashflow. The problem is that I just closed on a 4 unit and I am tapped out on cash. I talked to the owner about subject to and the person is open to hearing my plan. 

1. Can I do this in Maryland?

2. How can I make this a win-win for myself and the owner? 

Can you tell that I am new to creative financing?

Darrell