I'm cool with it. Credit check? Not sure why one is needed as folks usually pay cash or use credit/debit card that signals good or bad on the spot. I understand a background check more as they're trying to improve the type of user and possibly the safety of the place. That sounds good to me unless the application process was too time-consuming.
Cash or a debit card may be great for month one, but what about the next month, and the next, and the next? As previously posted, many states have laws that protect the tennant from eviction once the stay has exceeded 30 days. Lose a site for six months to a bad tennant, all the while furnishing them utilities because it is illegal to shut them off , while your eviction proceedings inch their way through the courts will sour you on taking any chances with a long term tennant.