The following speculation comes from this thread, which was inspired from a Putnam competition problem.
For all $ m$ and $ n,$ there exists an $n \times m$ matrix $ A$ such that $ A^TA=\frac{n}{m}\,I_m$ and every element of the diagonal of $ AA^T$ is $ 1.$
I personally care more about the cases when $m<n$. I have tried a couple of cases for small $n$'s and tried using induction to prove it in general but was not successful. Solving matrix equations is very foreign to me.
Update: I added the tag algebraic geometry. If anyone can show the existence of solution (essentially polynomial equations) with any advanced theory of algebraic geometry, I am also happy to know, although I prefer to see elementary solutions.