I have tried your "solution" many times.
You are correct! Yes, when re-sizing, quitting, and re-opening, the Outlook window remains correct.
But, that is not the problem. I don't want to quit Outlook every time I want to remove the window from view.
The problem is when you close the Outlook window without quitting. Most of the time when re-opening the window from a closed state, the previous window size is lost.
The only work-around that I've found to be successful is to minimize/hide the Outlook window, instead of closing it.
When opening from a minimized state the window size is preserved every time.