I took action and got the required elevation certificate ($575 later) to provide to my insurance agent.

@Samari RobinsonThe seller is responsible for obtaining certifications.

I know he carries insurance of some sort...I have seen the certificate but I didnt look closely.  

Make sure they look into getting a Mortgage Credit Certificate if they use a VA loan.

There wasn't a Certificate of Occupancy available online, but I pulled it from the Dept of Buildings to make sure that  I wasn't wrong.Either case, when I purchased the building, I immediately re-appraised it as a 4 family so I can get a 2nd Mortgage.

One school of thought is to learn everything there is about property management, get all of your certifications, and manage all of your properties.

You'll need Virginia's equivalent of the "Certificate of Good Standing" for your LLC.

Chances are extremely high that the Paul Davis, Servpro's, and Service Master's, etc. in your area do program work and are not independent.If I was in your position, I'd hire 2 independent firms who are certified by the IICRC in Fire & Smoke Restoration (FSRT certification) but ideally, have a Master Fire & Smoke Restoration certification.

I have a couple of properties OTC and currently have the tax lien certificate. 

Some of the issues we are running into that are either slowing the deal up or terminating the file completely. 1) Liens/judgements arising during the title search preventing the sale2) One off issues, such as shared driveway issues, shared parcel issues3) Death certificate ordering (slowing down process) 4) Abstract & Survey updating (taking about 3 weeks to complete in our area) 5) Attorney Communication (When our attorneys are not on one side of the deal) These are just some of the issues that we are seeing in our market.