While the location is amazingly close to the French Quarter, it would be good to strongly recommend Uber/Lyft for getting to and from. While it is only a 5-minute walk from the Quarter, the walk down Chartres Street had an extremely heavy homeless population and graffiti. Luckily we budgeted enough money for Uber/Lyft, but just a heads up for those who might be banking on walking everywhere.
The only real problem we had was with the pull-out couch. I have slept on many couches, and never experienced one as uncomfortable. The mattress was unbelievably thin and the bar underneath pushed into my back. It was so uncomfortable that all 3 of us had to sleep in the bed (thank god it was a king!)