I would highly recommend a log splitter if you’re going to do it. Growing up, that was usually one of my spring tasks, dad would bring home a dump truck load or two of rounds he cut, usually from a new housing plan, and I had a hatchet, ax, four sledgehammers (4#, 8#, 10# and 12# - escalation of force, lol, and the 4# was small enough to fit in the split a wedge started) and a half dozen splitting wedges. Split usually around 2 cords of wood a year. We didn’t heat with it, but we liked having fires in the wood burner in the basement.
Then my parents got to build their dream home with dad and myself as the contractors. We ended up building it out of ICF block (Insulated Concrete Form) which proved to be ridiculously well insulated, but at any rate, we put a Heatalator style fireplace in where you can turn on a fan to blow heat into the room and figured it could be used for supplemental heat. So we went out and bought a 22 ton log splitter. Well, everything worked better than advertised. The log splitter was a huge help, you can split a huge pile of wood in a day and the firewood processing machines are even fast (and more expensive). The fireplace proved to be a little too effective for the house, a box of wood (about 14”x18” and about 10” high) will burn for an entire evening, heat the entire house without turning the blower on. With the blower on, you have to open all the doors and windows, it will quickly take the house over 100* and it’s a 2,000 SF Ranch. In contrast the old house was about a 1,100 SF Ranch and the wood burner would require 2-3 boxes per evening and the only way to get over 100* would be to stuff it to the gills after it was burning a bit. Hooray efficiency.
At any rate, better tools cost more money but make you more efficient. Dad has two saws (16” and 20”) and the log splitter. I have two saws as well (16” and 20”) plus recently picked up a third that needs some work (it was free, sans bar and top cover). The sledges and wedges are still at dad’s because they make a good back-up. Dad has a Cant Hook and it’s on my list to get one or two, helps with log handling, those and Peavys.
I still have work to do for my own place, but my goal is to build my house with ICF and incorporate a central stone fireplace through the house. Don’t think it’s a practical solution for everyone, but done right, it should work well for heat. By no means is it going to be my only source of heat, but I think it would work well for an efficient way to heat with wood, the stone will soak up the heat and radiate it to the surroundings and since the exterior walls will essentially be a hunk of stone wrapped with insulation, well, it should be nice. Although my parent’s house has proved to have a huge advantage off the top, with no heat it still won’t get below freezing in the winter inside. My house is going to be a different design, but similar construction so I should net the same advantage.
My parents burn roughly a cord a year at most, for evening enjoyment. We try to keep at least a year ahead if not two with split and stacked firewood. We were about 3-4 years ahead then things happened health wise for all of us. Logs don’t dry, actually if they are in contact with the ground especially they will tend to take on water. Rounds can dry some. Best way to dry and season is to split and stack under cover or a roof. Keep the bottom layer off the ground, keep the sides open for air flow, but cover the top. Good dry seasoned wood has a distinctive sound when you bang two pieces together. If I did have to buy split wood at some point, I’d probably get it, get it stacked and covered, and wait at least a year since almost all of the locals selling it around here don’t bother to cover it or leave it sit a year or two.