Renting shouldn't be a problem. Most landlords will rent to people with "horrible" credit. Having said that they will probably still want to review your credit and may have questions for you.
One option that might work for you is to find a seller financing home. These are homes that the seller is offering to finance. So, instead of getting a regular mortgage through a lender. You get a mortgage through the seller.
Call if you would like to discuss this option or have any further questions.