Any money you "waste" can be chalked up to a learning experience. This is not a cheap hobby, nor is it a logical one. If you keep thinking about it you will eventually talk yourself out of it altogether.
This hobby is one of those things where you get a loose plan together and jump in feet first. Many people will probably agree with me that getting a sports car is the best mistake that they ever made but it's a necessary mistake just because they're so passionate about their cars. It's not going to make any fiscal sense and often times it's going to be extremely frustrating but for those few moments where something goes right and everything comes together the mistake is worth it.
So you've got most of the answers you need. It's time to stop thinking and just do. Pick a path and stick to it.
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