Several phrases in the third video reinforce the same pattern from the first and second: he is not operating from a fixed investment framework, but from changing emotions, changing market conditions and changing preferences. The vocabulary suggests he is reacting to events after they happen, rather than having a strategy for different market conditions in advance.

The clearest examples are:
1) “I’m fairly certain now, that isn't going to be the plan”
2) “the plan is going to be that we re-let the property”
3) “this whole thing... hasn’t gone to plan”
4) “we’re having to rethink the plan”

These are not the words of somebody following a defined strategy. They show that his “plan” changes according to what the market is doing at that moment. He repeatedly describes himself as being pushed into decisions:

1) “it therefore leads me with only one option really”
2) “it’s like, well I’ve got to do it rather than make a decision to do it”
3) “this is the only option”

That language is important. It suggests he does not feel in control of events. He sees himself as having no alternatives, when in reality there are usually many ways to restructure, refinance, delay, negotiate, improve cash flow or adapt a property strategy. Because he doesn’t know other alternatives, he views the market as something happening to him.

Another revealing phrase is: “whether it’s happened in the fall and I just didn't know about it potentially”. This suggests he has not been paying attention to the wider market cycle until it affected him personally. He appears surprised that the market has changed, rather than anticipating that property markets move in cycles.

The same pattern appears when he says:
1) “we weren’t driven by any market conditions, we were driven by the tenant moving out”
2) “in the space of a few quick months the whole industry seems to have changed somewhat”.

This implies his decisions are triggered by personal circumstances, not by a broader understanding of the market. The market did not suddenly change in a few weeks; his awareness of it changed.

He also repeatedly uses phrases showing a desire to escape uncertainty rather than manage it:
1) “reduce our life stress”
2) “make our financial life less complicated”
3) “remove that stress from our lives”
4) “I’m valuing time and stress quite highly”
5) “I’d quite happily offer a segment of profit... to somebody else”.

There is nothing wrong with wanting less stress, but in this context it shows that he sees investment primarily as something that should feel comfortable and predictable. When it stops feeling comfortable, he wants to exit. That is much closer to the mindset of an employee or saver than an entrepreneur or investor.

Another revealing phrase is: “I don’t like that thought process of borrowing to try and make money”.

This shows an emotional discomfort with leverage rather than an understanding of when borrowing can be useful or dangerous. He treats all borrowing as something negative, rather than as a tool that must be managed correctly.