Watch the Down & Out online guitar lesson by Corey Congilio from Blues Guitar Fakebook: Rhythm Vol. 1
"Down and Out" is based off the classic tune "Nobody Knows You When You're Down and Out". This progression is an 8-bar blues and changes chords often. The first pass through I'll be using basic open and barre chords. The second time through I mix it up with some more colorful changes. Some of my favorite versions are done by Bessie Smith, Robert Cray, and Eric Clapton's acoustic version.
*Disclaimer! In the performance, I use a different D7 than in the breakdown. This was a change I made on the fly because I thought it sounded better. I hope that doesn't confuse you. The change I made is more interesting to me harmonically and I hope you see the benefit. Thanks!