I stayed at Gretchen's guest house for a week and I believe I couldn't have found a better place to feel like an Austinite. What a funky, cool, comfy place to stay! It is close to my favorite places in Austin, namely South Congress, South 1st, Barton Springs and the 2nd street district.
As other reviewers stated, Gretchen is there when you need her and not there when you don't. You feel like it is your place without having to see anyone other than Betty and Repo (the dogs), if that is what you want. I was thrilled with the dogs because I had a dog at home whom I missed and Betty was like a rent-a-dog for me. Repo was a bit aloof and wasn't as affectionate as Betty, but cute and non-aggressive non-the-less. Betty had good manners and wouldn't come in the house if not invited. I know I am going on and on about the animals but for me they meant a lot and were the icing on the cake!
The house is just perfect and very clean and well stocked. We even cooked a lasagna dinner one night. (We bought disposable foil pans for that). My friend stayed the first 4 days with me and then I was alone. I felt completely safe and just loved coming home to "my place" after walking the streets of Austin. On my last night, I hung with Gretchen, who is very interesting and very knowledgeable about Austin.
In my opinion this is the place to get the best bang for your buck! I miss the place and it's inhabitants already and I hope to see them again soon.