So here is our solution! We turned half of our room into a nursery basically. hehe (But I don't mind. :)
Ephraim's nursery!
The co-sleeper. We recently bought the Deluxe Snuggle Nest which you can see there in the co-sleeper. I had wanted it for a long time and I love it! You can move it around anywhere-- in the bed or in a crib or in a bassinet- anywhere!
We bought a cheap and small changing table for our room so we could change diapers and have space to store his clothes and diapers. It's working really well so far! Fun huh?