I travel to Portland on a fairly regular basis and am always looking for new and interesting places to stay. This space just leaps out at you from the photos and I have to say the photos don't lie.
If you're lucky enough to be in town during nice weather then it is a treat to open up those glass accordion doors and enjoy a relaxing drink. My favorite aspect of the space is the bar that swivels out on casters. It completely transforms the space and is great if you plan on having guests over. Love the "wet room" style bathroom as well (roomy, spartan without being uncomfortable).
Jen and Bryan are great hosts, very personable and knowledgeable about the surrounding area--especially the wealth of great restaurants and bars within easy walking distance.
As for location, I feel you would be hard pressed to find a more perfect spot, so easily walkable to the restaurants, shops and entertainment of Division and Hawthorne and easily accessible to rest of city by car, bike or public transit (and if you've been to Portland, you know how easy it is to get around via public transit).
Did I mention the hot tub?