Financially I do not need to have it rented tomorrow, I can wait a bit.

They have no credit history, so you have no idea how responsible they are financially.

It is very high risk investing now, both financially and legally.

There was an onboarding phase, which was mostly about uploading our financial docs and answering questions.

In order to encourage tenants to get renter's insurance, we have been contemplating instituting a $50 monthly fee until they provide proof of renter's insurance with the owner listed as an additional insured, but not sure how well that would hold up if we ever had to evict. 

Unfortunately with those numbers it's tough to find a non-bank lender/financial institution that will lend.Usually loan minimums are $50K and the up to 75% LTV on purchase-money/70% LTV on cash-out refinancing, which basically means you need up 25-30% depending on the type of financing. 

It’s astounding how many fake documents are circulating today—you can find everything from fake references and stolen Social Security numbers to falsified income documents.To combat this, we rely on tools like Plaid, Verifast, and Snappt, which are excellent for verifying financial information and detecting fraudulent activity.

The credit score is the single best indicator of how one pays their financial obligations.

I heard something that they might offer "Landlord Financial Assistance", but not sure if that's true or not.

If your current lender can’t accommodate you, explore STR-focused lenders like Host Financial or Lima One Capital, or consider bridge loans to buy time while you build your rental history.