At the moment, HellMOO has a number of lifestyle mutations... Hideous Freaks make their homes in Necropolis alongside the Abominations, and both are given new resources and challenges in their lives. We also have the ever-popular CHUDs, who dwell within the sewers and call forth their companions from the rank and shadowy corners. Not to be excluded, the Vampires must fear wooden stakes (and the hunters who wield them) and the burning light of day, and in return are granted unnaturally enhanced abilities from beyond the veil.
All the mutations have an upside and a downside to the new lifestyle. Most of these are fairly basic, such as having people attack or not attack you or having skills tweaked.
This lifestyle mutation would be different. Welcome to being a Hobo.
As a Hobo, you just can't seem to hold onto your cash. Beyond a couple wads of pocket change, you'll occasionally just lose large sums of money until you're back to spending buttons and lint. Maybe you'll pass by someone offering you prime swampland real estate, or you'll buy some overpriced "superhootch", or you'll wind up bribing an official when they decide they need a bribe. Whatever the message, you'll helplessly lose money.
Because of this, you will essentially be incapable of living in an apartment. However, due to your naturally ragged appearance and smelliness, you find that you can just bundle down and go to sleep on the side of a street and nobody will be able to find you amidst the rubble and trash.
Also, cloning would be very difficult to deal with... But because of MAGIC you don't have to deal with it. Die, and you just wake up somewhere else with a hangover and maybe a limp. You'll spawn with some rags to keep the mud off, but you'll drop your stuff normally when killed. Unlike everyone else, you don't pay for coming back.
Now, even though you won't have the usual access to good equipment due to your lack of funds, you'll still be able to get by through bartering. Just to make things interesting, as a Hobo you would have access to new and exciting scavenge tables that the unenlightened could not otherwise access. Through these you can also find decent enough food and drink to keep yourself alive in most cases.
Get both CHUD and Hobo, you get to be a Chobo, just like all your favorite sewer people. I have no idea what that would do.
So, yeah. Free respawning, for the price of all your money. And you can pull booze out your ass.
Basically, I just thought it would be fun to sit out in a street and burn scrapwood to keep warm, but this was tempered by the fact that dying is absolutely not fun and is also pretty dang likely if you were to do something like that.
Not just useless, but unattractive. But you know it's the kind of thing I would do. Also, now that I think about it, you could try to circumvent the money issue by using a corporate account (or just a friend you happen to trust quite a bit...).