I know the money is enticing but make sure everything checks out before you take their money and give them keys. 

We sold our home and have almost $250K after the sale, why not use some of these funds to entice a landlord to accept our mediocre credit?

The price you will pay to entice a renter to move out is FAR less than going through the eviction process and running the risk of your loan to be called. 

You can entice them by taking care of any deferred maintenance and maybe providing an affordable incentive to stay.  

I thought the practice was illegal, but from what I can tell it is just that it would be illegal to demand the entire year's rent up front, but ok if they offer it.So far, in my limited experience, it has been the parents of college kids who offer this, and occasionally someone with less than stellar rental history who wants to dangle the carrot of a whole year's rent in front of me to entice me to look past their past.Kelly

At least I know the deposit will help cover some of it and at the end of the day, I've stopped them from doing any additional damage by enticing them to move, not to mention I'll be making 4K+ more a year once I find a new tenant.Funny thing is, she tried to scam me and claim she was going to get a room mate from work since she is a single income household so she could afford the rent when I had offered it to her for half way in between what she was paying now and what market rent is.

In your case, the 700 credit score is enticing if you're willing to take the section 8 risk.

They are enticed by the promise of money and allow things they shouldn't.  

Bad credit, construction (not stable employment) and a seller who will say anything to get them out.Door number 3 is a red flag because they are trying to entice you with extra money and a long lease. 

It sounds enticing, but can give you trouble later on, especially if the tenant is a bad tenant - loud, damaging unit, etc. when it comes to a possible eviction or serving a 60-day notice.