Six to twelve months living expenses in an emergency fund.I have heard that phrase when they were talking about everyone from single soccer moms to professional poker players.The guidelines for business expenses vary from person to person.

Before you know it, at the rate you're going, you will be so far in the hole when you eventually sell (if you have anything left to sell), you will have to pay your buyer at closing.If this was Poker, you'd be the one playing with a terrible hand, but insisting on throwing chip after chip into the pot, with the rationalization that the more chips you have in that pot, the more you have to lose, so you have to stay in that hand so you don't lose it. 

I moved to California from Texas 5 years ago to pursue the fantasy of playing poker for a living, at first it was rough but then it was GREAT!!

I'd really hate to show my hand before I even decide whether or not I want to play poker.  

When the guru income slows down you switch to professional poker.

"Guess I'll ante up a couple of thou and learn to play poker as I go".  

@Charles Peralta A book I like that was written by a NY developer called "The Real Estate Game" really is useful in learning from scenarios instead of a how too.  

REI is like playing poker (not because it's gambling).  

I Hope You Don't Play Poker!  

Then Nick went out on his own doing the exact same pitch made himself millions and now just plays Poker and has a Poker U tube channel.