When you live in a small space, you may not have the luxury of a permanent guest room, but that shouldn't stop you from having overnight guests. Options include daybeds, convertible beds, sleeper chairs and sleeper sofas. If you have one piece of multipurpose furniture and a little storage space set aside for extra pillows and blankets, you're all set.Guest Beds Pictured Above:
• Twilight Sleep Sofa at Design Within Reach, $1,500
• Sleeper Chair from Tiny Living, $365
• Bed-in-a-Box from Dania, $399
Tip: To prepare for last-minute guests (like those folks who shouldn't drive home after your late-night cocktail party), keep a cabinet or chest stocked with a pillow and clean pillowcase, a couple of blankets, and clean towels.