I find it hard to understand your complaint. I get that low levels are kind of tough, especially if you start with poor stats. The stats you started with are fine. I made enough money in 15 minutes picking herbs and flowers to set myself up with weapons and armor. I had 5 in my armor type and the weapon I chose to use. Since then I have doubled my skill ratings in them and increased my shield handling to ~7 without ever dying or having to sell anything. The loot I have gotten is not too valuable, per se, but it can be used to make potions. Perhaps you can find an alchemist who will trade you potions for these ingredients.
On the other side of your post is talking about needing enchanted armor to fight, ulbers, is it? there is a very large disconnect between that and the original problem you discussed. Have you tried all the humanoids? where do the rogues, cutthroats mercenaries et al come in, can you fight any of them before you fight the marfusangs? When can you fight the plain consumers? you can loot lots of stuff to sell off these things. what about the various gobbles and riverlings? a few magic items from such as these will go a long way to help you. Reinforced, masterwork and other mods are your friend and help you fight stronger critters. I rarely use crafted weapons, myself, and if looted magical armor came in all forms I likely wouldn't use any crafted armor either, as it stands now.
Don't get me wrong, I'm not saying things are perfect, they never will be.
Oh and potions are free, you just have to be able to kill their owners. Bilbous loots hundreds and rarely uses them. I'd be glad to give them to anyone who needs them just to keep them from piling up in my storage. I used to not loot them at all but give them to my alts from time to time. Other times I leave them in charity boxes or the exchange market, or just drop them in front of Harnquist.