Our hero returns... 
$USER
can now create their VirtualMachine
using...
$ virtctl create vm \
--instancetype u1.nano \
--preference fedora \
--volume-import type:pvc,src:default/fedora,size:10Gi,name:fedora \
--name teleportation-test-vm | kubectl apply -f -
[..]
The request is invalid: spec.instancetype: failure checking preference requirements:
insufficient Memory resources of 512Mi provided by instance type, preference
requires 2Gi
$ virtctl create vm \
--instancetype u1.medium \
--preference fedora \
--volume-import type:pvc,src:default/fedora,size:10Gi,name:fedora \
--name teleportation-test-vm | kubectl apply -f -
virtualmachine.kubevirt.io/teleportation-test-vm created
$ kubectl get vms
NAME AGE STATUS READY
teleportation-test-vm 6s Running True