Think there is some substantial validity in this, but do you think it could potentially be utilized in a different fashion?

That's typically where I see people referring to entry fees.

I’ve been scanning the market and come to understand as my first investment I’ll probably have to find an apartment/condo something like that and I typically hear of STRs typically making more cash flow etc.

The down payment requirements are also steeper, typically 20-25% for investment properties.

Typically its done for open space or use for community property (ie. fire station location or other county use) and typicaly would assist in increasing tax base.  

The typical rule of thumb which works well is GROSS monthly income at least 3x the rent.

These straightforward requirements make the process accessible and convenient for buyers.The initial setup costs typically range between $500 and $1,200 USD, while annual maintenance fees are generally between $500 and $700 USD.

You typically need to be in the $400-450k range to see those rents.

Quote from @John Teachout: Title work is typically done as part of the pre-closing paperwork.

Typically, the same applies to LLCs where you and your spouse are sole members (single or multiple member LLC).