While we try to be accommodating the processes are in place for a reason and we cannot manage every house in a different manner.

Units require at least a true 1 bedroom.

Is that true?  

I honestly believe this is the main reason why you hear so many landlord with Section 8 nightmare tenants

Is it true that the NAR is effectively operating as a cartel?

I'd probably get into long term rentals for tax reasons. 

Nice Chart, The unfortunate part of your chart is that there are many more products out there that don't sell to Home Depot or Lowes for various reasons that I won't discuss here.

I've noticed many investors choose to transfer such properties to an LLC for legal reasons.

As others have said, it is tough to find true deals right now, but they do exist.

In that I would not own the home in my name (the trust would) under those assumptions.Is this even a reasonable strategy to jump start a real estate investment portfolio, any alternative ideas are welcome.I hope I have stated this with enough clarity, Please let me know if additional information is required to answer the question.