On the sailing front, it needn't be expensive - if you like yachts as well as dinghies, there are often people quite keen to have someone along to help crew - a lot of guys wives/families aren's as into it as they are, or people who are getting on a bit and would appreciate a fit young man to help out. In the UK, I'd have lots of recommendations on hoe to do this, but I don't know how it works in the US. I have picked up that sailing clubs might be a bit stuffier and harder to join. Maybe put a card up in marinas etc.?
Over here you can get dinghy for a few hundred pounds (or spend as much as you have!), join a club at a lake or something for maybe a hundred or so a year and even keep your dinghy there. Don't have to start with the superfast racing cats... can be plenty of competition more modest classes...
For the salsa - how good would you have to be (in your own estimation) to run a class? How long would that take? If you really wanted to do it, and Houston is so competitive - would you move somewhere else to run one?
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