We enjoyed staying at Irene's and Troy's place. The location is great if you'd like to stay away from the craziness of the Strip. The view is nice and we were only a short walk from the restaurants of "The Village" in Lake Las Vegas. Additionally, the hot tub and pool access were great after some long days out and about.
Our only complaint was the amount of bugs on the balcony. They congregate because of the proximity to the lake. There were hundreds and they made the balcony difficult to use. I'd recommend using a bug spray if you plan to sit out on the balcony for any amount of time.