Has anyone had any experience with "rent to own?"?

I'm looking to find a home. I have the income and down payment but not the credit. I live in northeast Ohio and see a lot of "rent to own" advertisements. I was wondering if anyone has had any experiences with this method of buying a home? What kind of issues should I keep an eye open for? Is... show more I'm looking to find a home. I have the income and down payment but not the credit. I live in northeast Ohio and see a lot of "rent to own" advertisements.

I was wondering if anyone has had any experiences with this method of buying a home? What kind of issues should I keep an eye open for? Is the whole thing a scam? Can the homeowner change his mind at any time, kick me out and keep the money?

Any help/advise would be greatly appreciated. Thanks
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