What about the competent but perhaps not stellar small investor?

If that's not possible, then a stellar testimonial.

Once you have confirmed they are stellar, rebook direct and keep 100% of your target rate funds.  

If the borrower had stellar credit, wouldn’t they look to lock up more traditional financing with more favorable terms? 

You likely will need to file in California as well as in DE. But

The property investment, whether funded by the IRA or by cold hard cash needs to stand on its own and deliver stellar returns. 

Not a stellar tenant but even in this ritzy high income neighborhood where 95% of people are homeowners, people like this is what you end up with: they can't buy due to their credit so they rent.They've paid rent late once to date and I enforced the $25 late fee.

I have bought tons of these over the years well over 200 of them like this.... most the sellers credit was already trashed.. but when a seller has stellar credit this is highly risky to them..

(This is my debut BP post) 

She became one of our stellar tenants.The upside is, if you are willing to accept the risk and rent to someone with negative legal history, they are likely to become long-term renters because they have much fewer options available to them and are likely to stick with a landlord treats them respectfully.