It looks like you could move the chest to the bathroom with the toilet and tub, to be on the wall between the door and the sink.
It would be a great place to store some clothes, since it looks like less drawer space.
Our DS would sleep on the sofa, so we we keep it open to a bed and our DD would sleep on the Lilo/Stitch murphy pull-down bed, ans also keep it open
We would place the pack/play in the closet on the top shelf to add more room in the closet to hang clothes.
So cool - We can not wait to rent a DVC Poly Studio !