And I'd expect my credit score to reflect that in a year or so and move back into purchasing a home rather than rent.The firm I work for requires credit/criminal/security clearances.

Newbie pending landlord.Which sites/services would you recommend/have experience with for background checks and credit checks?

You can email invoice that has the link to pay online or auto-draft customer's bank (free) or credit card (3%-4% fee).

@Steve Vaughan The only debt I have is my mortgage and a few k in credit cards.

Ultimately I would love to start investing in rental properties and potentially even short term rentals through Airbnb or VRBO, but right now I have no cash and poor credit, so those are unfortunately probably longer term aspirations.

The rest goes towards our mortgage or vehicles and we carry no credit card debt with a combined $14k we owe on both of our vehicles.We are now looking to start purchasing rentals to expand our portfolio.

And on another note, my credit isn’t all that good and I put all my credit and resources into the renovation.

I would credit and background check the tenant and get a hold of his lease.

Usually go with non refundable down payment,  some type of monthly credit towards their purchase (only if negotiated ), buyer responsible for all repairs ( assuming home is in good condition when they are buying it) and if they are not able to execute at the end of the lease term offer an extension period with possibly a little more down payment. 

Perhaps, ask again after the next credit crunch comes?