This brings me back to my garage band days...more aptly, bedroom-band days. Yes, we had a large drumset, bass amp, and guitar amp in a relatively small bedroom. We also tried recording practices (on a cheap tape recorder, also with onboard mic) for our own review. We ended up finding a really good sound putting it down the hall, but halfway through songs his mom would yell something or walk around. So we found a similar usage for the bedroom closet with the door closed. But yeah...you gotta experiment, and what works for one song obviously may not work with another, based on respective intensities.

Oh, but still...you can only go so far quality wise though this way.