I cant comment on California and 1031, But can share with you that I also purchased a 4 unit block of flats back in 2012. after subdividing the units to separate titles and very good timing my 900k cost was now worth close to 2million.

@Jennifer Sleider   Hi Jennifer, my wife and I owner occupy a 3 flat and have another 3 flat that is solely a rental.  

We do, however, offer a flat-fee listing service through New Western Realty (another sister company).

I know where I was I was watching the world series between Oakland and SF in my office in San Mateo when all of a sudden my puter monitor flew off my desk and we had a very big shake.. couple that with the war and by 1990 many parts of the bay area even such hallowed ground as SF  Los Altos hills etc etc saw price drops in the 30 to 50% range.. and it stayed flat like that until about 97 to 98 then made new highs in 2000 prior to the dot com bubble .... so it was about 10 years to recoup... equities and stabilize a region.. so your thought process is not that wild of thinking... and its not that is a low probability its a certainty that there will be a quake in socal and SF Bay area no doubt about that.. just don't know when.. they seem to be spaced out in N cal about 80 years.. so looking at 2060 is for the next big loma Prieta type event..

Louis fed (I believe they got the chart from Case Shiller) so I'm 90% sure it's inflation adjusted...Also, if you look at prices from 1988 to 2000 they're almost flat which wouldn't be the case in nominal terms.  

It's a flat fee model that puts agents first.  

I have listed it with a Flat-Fee MLS listing broker to the local MLS area agents.

You can use a flat fee MLS program. 

My hunch would be that it's an hourly amount or just a flat rate per home.

I usually wear business casual, which is my everyday normal, but when I am going to visit a property, I make sure my shoes are flat, have good grip, and comfortable.