3 people it's a 3 star and with 2 people or solo it's probably a 4 star. I will simplify below with pros/cons. If you are traveling alone or one other person it's a 4 star for current price. Anything above current price I would say 3 stars. Attempting 3 people or using futon is pointless in my honest opinion.
Pros:
-Extremely good location (5 min from downtown, 6th street, Rainey St. and a lot more. Great price for location 100%
-Perfect for traveling solo/not spending any time in the place since you are visiting (basically we only slept there or came back mid day hangout, nap or get ready)
Cons:
-BIG CON: Blankets (clean ones) . I don't understand the need to say you have "two beds" one being a futon obviously, but not provide proper sheets and/or bedding. One of the gray blankets was 100% dirty and definitely did not use it. Only remaining blanket was a green towel/throw blanket. Another big no-no .... better off having MORE than enough blankets rather almost none.
-The futon if using is extremely uncomfortable where it folds in the middle
-Musty smell
-Way too few towels and toilet paper I don't care what the "rules" are. Toilet paper is dirt cheap
-Not super nice, but also expecting that would be not smart considering photos, price you'd need to assume this
To summarize our review I would say 3 people is far far far too much for this place and lack of basic things that SHOULD be in any AirBNB in fact, in all others I have used which is a lot. However, traveling solo or 2 people it bumps up to a 4 star quickly needing less things, room