Selling a house via owner financing - what should I ask buyers?

[Aaron Hite]

Hello BP,

I am selling a house via owner financing, and I am wondering what information I should get from them before taking their down payment and closing the deal. Other than where they work and what their monthly income is, I am not sure what to ask. 

Should I do a credit check? I am receiving $6,000 down on a house in Arkansas. And for my area that's quite a bit of money. I don't have to go through foreclosure if they default. I can evict, and it takes roughly 15 days in total to get them out. I figure someone interested in owner financing likely doesn't have great credit, and $6,000 should cover me for ~45 days, right? (1 month + 15 days to evict)

Thank you much!

[Dennis Weber]

Is this a lease option. Why wouldn't you have to foreclose?