IRR - Internal Rate of Return - is a calculation which takes into consideration the time value of money.  

Still, it's worth a consideration.  

Of course there are many considerations that affect the value of the purchase contract such as the method/accuracy of estimated market value of the underlying house, term (time left to close), and perceived strength of the buyer; but regardless, both in theory and in practice, the assignable real estate purchase contract is a derivative that can be sold (i.e. assigned) in the open market to another party for a fee.Call OptionA call option is an agreement in which an investor pays someone else, a counterparty, for the right, but not the obligation, to buy something (i.e. underlying asset) at a specified price within a specific time period, or term.

So this is something I would definitely take into consideration especially when the numbers are tight.

That's why down payment money on an owner financed deal is always higher than nonrefundable option consideration on a lease option - it's all based on risk. 

Have you given consideration to shopping your deal at the Atlanta REIA meets in Atlanta?

The cash flow may be a secondary consideration to the appreciation here.

They also have a new turnkey program that I think deserves consideration. 

Besides that, you need to take in consideration the fact that most of the drainage and sewage system are different, most of Malibu properties have septic tanks, some even have water tanks or or pumping from water well. 

Hopefully you have a basement or a decent size craw space or else you may be busting up some concrete:/ Taking that into consideration probably the easiest thing would be to put everything on the far left wall, take down that middle wall and add a nice little bench or sitting area in front of the window on the right.