Milk and Honey

I very much like the idea of this, and the general feel is reminiscent of the beat. However, I think their a faux-sparseness that isnt' working or me. There are many places where you could cut back to strengthen and tighten the piece, and I think some lost opportunities for allussions to intensify the title, or the homage to the era to which this seems to pine.

Smoking the last of a $10.00 cigar
Wandering down the road

I think you want to make wander active. "I wander" and just as a point here, wander down the road is a bit common, you've clearly got a sharp vocab and great image you're trying to build here. I would really love to see you use a sharper verb there.

With no turning back

Why not? Is this even necessary?

Already gone is my reasoning mind

This is, seemingly to me, redundant to the line later in this very stanza regarding your lost judgement. While they're not exactly the same thing, they're close enough that it felt unnecessarily repetitive to me.

All I got left in a duffel bag
Lost my job
Lost my wife
Lost my judgement too

I don't thiink  you need the repetition of 'lost my.' You could, i suppose list them with the 'my' or more horizontally 'Lost my job, wife and judgement'

Reposessed my truck

I like this a lot.  

Just the other day

I'd get rid of the 'just'

Saved my gun
Just in case
That is all I'll say

 I feel like either the 'that's all i'll say' or the 'just in case' should be in parens as an aside. I think the accentuation would make it much sharper. That's definitely a nice place to start as you move this piece forward.

Regardless, I don't mean to bore you with my suggestions. I just wanted to offer a little different way you could go with this.

Great to have you David!