especially he mentioned he bought three condos this year. If I am in his position, I will be really really worried.
I also lived in northern VA since 2000, but moved to another city this summer. northern VA's house market is really slow. I believe the three condo va_landlord bought this year is negetive cash flow, even with 20% down payment.
well. just my two cents. If i were va_landload, I still stop buying. it's really risky market now.