You will have a great time staying in this flat. It has everyhting you need and we love it so much cause it is super close to the university and next to the Danube and the vineyards. It takes only 10 mins to walk into the city centre and I would not mind lending you my bike to get around even faster.
There are no strict rules, just keep the flat tidy :)
There are three more flats in this apartement builing with only students :) they are very nice and open minded people
There is a bus station next to the flat, the train station is 20 mins walking distance. But in Krems everything is very close and you don´t really need to worry about getting around :)