I'm pretty sure I could make something like this...a few old pallets sanded back, a slab of mattress foam and pretty material to sew it up with. invest in some pretty cushions and you have a cheap as chips lounge!!
The stylish Stefano sofa bed completely redefines the functionality of a sofa bed, lending a superbly unique form factor to the classic piece of furniture. Rather than a sofa out of which a bed is pulled, the Stefano is a folding piece of soft foam that takes the form of a sofa when folded and a bed when unfolded. With no moving parts, the Stefano is simple enough for anyone to operate.
5 Cozy Guest Bed Ideas for Small Spaces: DIY a Double Duty Sofa. I love this sofa-- so easy to DIY. All you need are two foam twin beds to make-- you can buy mattresses like this at Ikea for $80! @aboutathome @aboutdotcom #floor_bed #guest_bed