I have a cheap leather jacket that I have been wearing for work, and it is in rough shape. There is a rip in the right arm from when it got snagged on my knife, and the right pocket was damn near ripped off when we got a surprise call and it got caught on the door of the fire truck when I jumped out. I was just going to chuck it because it looked so rough, but then I thought I might be able to turn it into a descent peacocking item. If I could find something to wrap around the arm, and maybe a patch to put over the pocket, it could turn into a descent prop. If she asks about the coat it could be an IOI, and I could transition into either a true, or B.S. story about how it happened. Should I throw it away, or give it a try?
I would appreciate any ideas of what to put on it as well. I am an MMA fighter, a firefighter, and a college student, so I was going to use items that may lead to conversations about any of these things.

Give it a shot

Not sure if you can find something like this, but a patch from either your dojo or school seems like a sure bet(depending on where the rip is. If it's at the elbow or lower just a basic patch would be better).