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IMDB information:

Title: Life Stinks (1991)
Genres: Comedy
Description: Sticking to great comedy in a way no one else can, Mel Brooks plays a wealthy business man who finds himself getting suckered into a bet with a rival business over the worst slum area of L.A. They both want to develop on it and both own half. Mel agrees to living as a homeless person in this neighborhood. If he can make it 30 days without his wallet or anything else, then the rival will sign over his half of the property. It's full of visual gags, one liners and even some heart warming scenes. Mel's character learns a lot along the way.
Director: Mel Brooks
Writer: Mel Brooks, Ron Clark, Rudy De Luca
Actors: Mel Brooks, Lesley Ann Warren, Jeffrey Tambor
Rating: 5.9
Votes: 11572
Rated: PG-13
Runtime: 92 min