The advantage of the 2bd is that you will have a living room to share. The full kitchen comes in handy too, as well as the washer and dryer should you need it. We don't like to come back from a day out and have to hang out on the beds. Having a couch, comfy chair and dining room table is why we own.
As pp mentioned, the master is much nicer than the second bedroom unless they like two queens or the studio setup. Might not be fair to split the cost evenly.
We love the VGF. Enjoy.