How exactly do you deal with a home that's rented out?

[Brian Kempler]

If the tenant has a lease your only option is to wait out the lease, should you decide to buy right? 

So if I'm targeting MLS soon (or already) expireds I pretty much can't install a tenant buyer or seller finance someone new. I must be a landlord until lease expiry... right?

Or maybe do a buyout. But there's no guarantee of a yes, and it may hurt the deal viability.

As I think about this, seems like rented houses, unless month to month, really limit your exits.

Thanks for any clarifications on this.