your items should be where u died, but if u drowned in lava u cant get your items back
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well there is a mod for that or you can download too many items and there is a botton on the left where you can save your inventory so if you die you will have your stuff by clicking that button
You will lose all the items in your inventory and your experience and respawn.
Yes
die, then hit "respawn"
Create a bed in your building, and sleep in it. Leave the bed there, and the next time you die you will spawn in the same bed.