If you love a good night life and do not need to really communicate to the owner of the Airbnb, then this is the spot for you. You are two doors down from Frenchmen St so DO NOT stay here if you have issues with noise levels as there can be a band playing outside your door. For us personally, we loved the location because it made getting to other parts so easy. If you plan to sleep early, locate a different Airbnb. You are also sharing a wall with the tenants next door so although you do have your side all to yourself - you may have to be mindful of your noise level during your stay.
I thought it was a sweet touch that Megan left some fruits and bagels on the dining table with a note, but our main issue with Megan was that she completely stopped responding to our messages even while we were still staying at her Airbnb - which made us feel very left in the dark and uncomfortable. However, if you don't mind it when the Airbnb host stops responding, then it might just be your cup of tea.
All in All, your paying for the location and if location is important to you, definitely book this spot.