Hi @Michaela G., As you have found, there is very little guidance on 1033 Exchange transactions, and very few legal and tax advisors have any experience with them. 

Quick jobs that can raise a couple hundred for gas/food for the week.I have never failed, I just needed more time.

You should start a business in which you offer the service to separately meter units for water, gas, and electric in apartment buildings.

What other financial information do you typical request to ensure validity and track record is as advertised? 

I'm more trying to validate that what the broker is suggesting is a fair CAP rate so I can determine a purchase price based on the NOI. 

Forced hot air/natural gas. 

Without having any details of the locations rejects, financials rejected, etc it is difficult to say where the problem is, with him, with you, or if his concerns are valid.

Follow the same approach for other types of commercial you think there may be missing.If the project looks feasible the next step is to check zoning with the city or county to determine how many units you can get, what is required for all approvals including parking requirements, site plan and building permits, proffers, water/sewer tap fees, bonding requirements, inspections and CO process and time frame for all approvals.You also need to check with the utility companies and get an idea of availability and cost estimates from them for water, sewer, power, gas, cable, installation and connection requirements, tap fees, hookup charges, transformer location and relocation, power line and power pole relocation issues.Check to see if you have to install any manholes, fire hydrants, curb, gutter, sidewalks, street signs, street lighting any specific street design or access requirements,.Check DOT requirements for access, stop lights and permits, traffic studiesDWQ requirements for permits, permit fees, time framesThis is a broad overview of the process and your civil engineer can handle all of this but it's good for you to know exactly what's required.

.$2325/mos tenants pay elec/gas; owner pays water every other month 360.

All bills are paid by the owner sounds like the owner is paying water/sewer/gas/electric/ so essentially the rent includes the utilities.