About the murphy bed.... We make it up and tuck the covers under the mattress. A one clip strap holds our large pillows and covers in place. Push it up, latch it, and it's ready and out of the way until you are ready for bed. There is good storage under the couch just a bit hard get to as it doesn't fully open up. Not a place to store things you want ready access to thoughout the day.
The couch is large enough for me to catch a nap on if I don't want to bring the bed down.