May be it hits the natural frequency of the frame.

I knew the downsides of this type of investment but felt that our natural tendencies to over analyse everything needed to be combated by a swift decision and action. 

Some will care of nature of incident, others will be indifferent.We've gotten into a property that had a suicide by hanging in the garage and the next buyer felt it had nothing to do with them and didn't blink.Plan extra padding in your budget for worse case scenarios.

Due to the nature of property managemnet business which the accounting can get a bit complicated, regardless of which software you choose, I think it'll have some mechanical and tedious nature to it. 

By our nature, we are creatures of habit.

Each of these are valid approaches but the appropriateness of each depends on the true nature of the transaction and the motives of the buyer and big seller. 

@Calus Glispie as @Ned Carey said $1 is legally considered sufficient if not adequate consideration for a legally binding contract along with a couple other elements.

I think his methodology is as much human nature as it is financial.

It seems like a natural succession for a large multifamily unit owner to also own their property management company.  

The exact nature of your legal situation will depend on many facts not known to me at this time.