Agree that a bathroom is more desirable than a wet bar.  

This is an interesting question in that what is your level of desired commitment to the investment?

I have no desire to partner with the government in our rental business.

For example, if you are looking to connect with other members near you, want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could start your search here: https://www.biggerpockets.com/search/usersThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides

Desirable area, great purchase price for the area and knew it would cash flow really well.

They replied and told me they would sell the least desirable of the 3 duplexes but this time the price they gave me was more than the original asking price.

I can say without hesitation that I won't be buying anything other than turnkey/new construction for my investment journey.I know myself, I know my desire to do any of the work myself, and I know that if I follow the path I'm on then I'll end up where I want to go.

Steady income, but the property is earning well below fair market rental rates for the conventional rental tenant market - roughly ~$500.

My wife and I both have W2s earning above six figures, between $100-150K to invest in real estate, good to great credit, and a long time table (we're in our early thirties!).

Interview other PMs if you feel these guys have not earned your trust, or something doesn't connect with them.2.