I've found a few online though I'm looking for one that has-property description, condition, purchase price, closing date, default clauses, insurance contingency, risk and loss damage, adjustmentsDo I need all of this and if so where should I get it?

Sadly the home was badly damaged in a fire, fortunately nobody was hurt.  

I was so happy to sell, just to not deal with the random damages! 

There are nefarious people in all of them that are looking to take advantage of OOS investors:(Typically, they try to sell you a Class C or D property, dressing it up to look like a Class A or B property.You don't really have to worry about that in the suburbs of Detroit, as most of the areas are Class A or B.The City of Detroit has 173 Neighborhoods, 104 of which we've classified as A, B, C or D. 

In particular I was too soft on late rent and property damage repair fees and it snowballed from there. 

From speaking with the DRE and the fraudulent misrepresentation tricking sellers, he will not only have his business in very serious trouble but once sellers realize that they were scammed to sell house to inexperienced students, these students will also can face serious penalties and sellers and tenant buyers can cancel purchase contract and may sue for damages. 

I assume the answer is yes, since the tenant(s) is/are still responsible for the property and any damage that may occur.

For example like clogged toilets or sinks so they don’t overflow and cause water damage.

General liability only covers personal injury, bodily injury and property damage, not the existing building.  

While it is not the "norm", I have heard stories of those "poor tenants" causing tens of thousands in damage and skipping town.