I worked as the SM on a production of this a few years back. It was a great experience. What a wonderful show to be in the SM role.
You do need to have a very clear list of props and make sure that the prop tables are clearly marked, so you can easily make sure that your props are all in place before each run.
Actor safety in all areas is extremely important as they are working with an axe, falling downstairs and over couches, etc. Hopefully you will be having someone trained in stage combat able to really teach proper ways of falling without injuring yourself, as well as how to handle to maneuvers with the axe passing between the actors. Each night at call we ran the sequences that involved falling and the axe to insure that everyone was safe and doing it exactly as was choreographed. There can be no room for fooling around during those, which is hard to have fun yet be safe. In rehearsals it was extremely important to write down the exact movements. Any time something started to not be done right, we stopped the actors.
My school had a very small stage with a cement beam across our ceiling which made turning the 2 story set backwards (twice) a challenge. We actually had to choreograph the set change in order to get everything in the exact place. We had a 10 minute intermission for each set change and got the set change down to 5 minutes. Our audiences actually stayed and watched the set changes, and gave us wild applause when we were done.
You will have a lot of fun with this show once rehearsals get going and things fall into place. If you have any questions as you are going through the production, I would be glad to help anyway I can.
Have Fun!!