On the 'Security' tab of the osqueryd directory to include the 'Advanced' option / 'Permissions' I gave SYSTEM 'Full Control' in each of those places and the osqueryd service starts correctly.
Caution: This is done in a home lab where I accept the risk and have control of level of exposure. I'm sure there's probably a safer more efficient way of handling this. I'm just unaware.
I tried the 'Set-SafePermissions' within the chocolatey / osquery / tools, but that didn't work out for me.