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The main issue is accomodations. You are not going to get these 7 to 9K per month apts. when you are moving around. You have to stay at cheap hotel/guesthouses, which would be in the 500 to 700 Baht range, most likely. So you have to be okay with places that are below the mid-level range as accommodations go. In Patong, try the back streets around Soi Paradise area, for a room without A/C. It's a gay area and a little funky, but safe and close to the main nightlife area.
In BKK, probably Khao San Road is the cheap place to be. But you'll be looking at trying to pick up farang backpacker girls there, as there aren't any ladybars in the area.
The other ways to save money are: eat lots of noodle soup and pad thai at the street vendors, and loads of other good food cheap in the little hole-in-the-wall places where the Thais eat. It's great food and dirt cheap, 25 to 60 Baht for a meal.
And drink in the no-frills bars that sell beers for 35 Baht. No BGs there though. Or buy large bottles of Chang beer at the corner store for 30 Baht and drink in your room before or after you go out.
Also, take either buses or 2nd class cars on trains everywhere. They are quite decent and very cheap.
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LOS is warm, soft, smooth, and brown. 
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