Fernando's place was great. Nice room with a bathroom in the hall just for us. Fernando was very quick to respond to all my questions before travel and once we were there it was very easy to contact him to arrange picking up keys.
All that said, the street below is very loud but probably like that everywhere in Bologna. It is also about at 25 minute walk from the train station so if you plan to take day trips to parma, modena, etc. You might want to find somewhere closer to the station.
It's very close to everything else in bologna including the amazing San Luca which I highly suggest walking up to.