I would vote bookshelf, since in long term rentals, typically, you want the least amount of things you will need to fix, as possible.If short term rental, than Murphey bed would be my vote, typically.

Quote from @Sidra Amir: There was no complain of bed bugs before.

@David Rodriguez  The only thing I would add is a two bed might do better as a two bed rather than 1 plus office.

We just completed 6-unit one bed one bath apartment in midtown Sacramento, CA As we are considering doing MTR, your feedback on how to move forward with this plan is appreciated  

Purchase price: $975,000 Cash invested: $195,000 3 bed 2 bath with 1 bed 1 bath adu on 1.5 acres

We are getting a sofa bed for the living room of our STR.

I am looking at a 4 bed 2.5 bath property in Pfugerville, TX that I am planning to rent out as a co-living space (rent by the room on Padsplit).

One lot has a 2 bed and one bath cottage that was an existing STR. 

A two bedroom 1,300 sq ft cabin is going to go for way less than a 2 bed, 2,400 sq ft cabin.One of the issues out there too is that some are setup as legal 2 bedroom cabins because of the septic but then they have lofts and such that allow you to rent them out as 3 or even four bedroom cabins to improve the rent.You mentioned one nearby you with a similar layout.

This is a 2500 sq foot 3 bed 2 bath both sides.