Not all towns require a C.O. for every property depending on the town rules and the age of the building.In the case of this property, the seller is trying to make the buyer responsible for the CO and the certifications. 

If the breaker has been replaced and the area around the main panel doesn't reek of burning plastic (electrical components melting  smell about as distinctive as burning hair) there is no safety issue. 

I am willing to work extremely hard to help my father have a steady steam of passive income by the age of 60 -- I believe he deserves that at the very least for all the years of hard work he has put in and the outstanding life he has provided me regardless of hardships he has had to face.

@Madeline jI would continue to maximize your 403b contributions but keep in-mind that you generally won't be able to transfer those funds to an IRA until you either stop working for that employer or reach age 59 1/2. 

I would make note if a roof needed replacement, ages of systems, photos of and description of damage.

We aim to make 100k a year in income by 30 years of age. 

See the post here:Today - at age 24 - I "retired".

i just want to know if anybody was ever in my situation and really wanted to learn about real estate at such a young age, what did you do?

Is there a legal distinction there?

Both the furnace and the water heater are getting up in age.