A Minnesota native himself, Fitzgerald is setting up Nick as a kind of prototypical, reserved Midwesterner. He’s also pointing to the limits of language, and the way in which not talking directly about something can be the most powerful way of addressing it.

We might think that Fitzgerald himself takes a different approach in the novel – after all, Gatsby is filled with richly evocative language and extravagant metaphors. There are times when Fitzgerald seems to be trying to say everything. But Gatsby is also a short, subtle novel, and Fitzgerald is warning us that much of its meaning will lie beneath the surface of the words he uses.

Apparently the two have had a tendency to start robbing liquor stores, not mainly the smartest idea due to their reply with weapons somewhere in the store.
http://www.youtube.com/watch?v=-0jxfcgj1fc

The young woman accidentally interpreted his comparison as a offer for another job.

Time is a deadbeat father, it doesn’t lend itself to the life of its child or in this case, Saba. Some orphans that have been adopted have no known origins so it’s almost as if they’re a timeless child with no beginning & no ending.

It could also be taken as Father Time is always short on time and so it seems that time is missing in his life like a deadbeat father. Ironic on so many levels. This is how he rationalizes the superior value of his work and why it doesn’t diminish over time. Time is absent, or deadbeat.

Chance is experiencing nostalgia while reminiscing on the lasting, sweet smell of cocoa butter—an oil commonly used in moisturizers due to its pleasing smell, texture and ability to soften the skin.

He remembers the days when he would receive these soft kisses from his mother, though this is no longer the case. Because of his age and smoking/drug habits, Chance has lost his innocence, causing his mother to avoid kissing him due to his “stank.”

The part “all my homies think it’s dank” could refer to:
•Dank as slang for cool, referring to the burn holes in his hoodie, or the fact that he is smoking.
•They think it’s dank, meaning they think the burn holes and smell coming from Chance are from weed, while it’s really cigarettes.

Chance is commenting on the new addition of anyone into his neighborhood, betting on the possibility that they won’t last long and leave for their own good.

Alternatively, this could also mean that the people moving to Chicago are not going to help the community positively, but actually dive deeper into crime and destroy the community even further.

Tying in with the next line, this could also be about gentrification. The opening two lines are about individuals who move to communities with higher crime rates but, ultimately, do not actually stick around. These people want to be “in” the community but they get scared when they are robbed of their father’s Rolex.