Before I sign, here's everything I think I have learned from this board so far.

[Brian Noble]

Anything else...?

Welcome home.

If the 1BR is in the budget, I think it's a great idea even if it is "not a good deal." When I was traveling with kids, a 1BR was the absolute minimum, and a 2BR was a lot more comfortable. Yours are already old enough that cramming into a studio (aka a glorified hotel room) might be unpleasant.

If you decide later you want to stretch points, you can.

 

[RivGirl]

I will just add reading this you strike me as someone who will succumb to addonitis!

I’m just gonna take that as a compliment in this group

 

[RivGirl]

Jokes aside…I could see adding on resale (or a great direct deal) in the future at some point. Partner says if we start wanting to take trips with more points then we will just have to slow down the rate of trips. We’ll see where life takes us, but for the next five years or so we already have other plans and goals for our $.

 

[beccasmom]

The Riviera is one of our favorite resorts (we didn’t think it would be until we stayed there). Enjoy!

 

[Chili327]

I think you have it down as well as anyone. Good plan!
150x2 so kids will qualify down the road makes sense (3x100 might be better for resale, but no one should plan to sell)
Also all direct lets you use points anywhere, I can’t poke holes in this plan anywhere.