A Murphy bed can save a lot of space and is a good DIY project. Also great for a guest room that isn't always occupied with guests - use the room for other things (office, sewing/craft, play room) and let guests have it when they're over!
This is called a Swedish flame. Make your cuts like you're cutting cake, leave about 6 inches at the base, throw about a cap full of fuel oil in it. It burns up to two to three hours Can use olive oil instead of fuel oil :-) Any oil will burn!