I hang my backpack from the suspension line at the end of the hammock. There's nothing in the pack except empty stuff sacks at that point. My water bottle, head lamp and glasses hang from the ridgeline. My food, toiletries & kitchen kit is hanging in a tree far, far away. About the only thing left to deal with are my shoes.
Most people leave them on the ground under the hammock. However, I have had nightmares where some varmint runs off with my shoes and I hike out barefoot!
This can be solved by putting them in a sack and staking it to the ground or hanging it within reach.
As to sleeping comfort, I slept like a baby my first night in my hammock.