I regularly monitor many of the Broward County markets so if there is ever any info you need on a market or you are actually interested in starting to analyze potential deals, I'd be more than happy to connect you with some properties that meet your investment criteria.

I am closely monitoring the situation as I love the properties & they have traditionally outperformed what AirDNA though it's slowing down lately quite a bit

How far apart the buildings are (farther apart, the lower risk of fire impacting multiple properties)5. what fire/burglar protection you have for the property (alarm, extinguishers, sprinklers, video monitoring, etc.)If you can get recommendations of agents who insure other complexes in the area that may be helpful in locating agents that can quote this effectively.  

If you were to buy a property out of state, how do you or the property management company monitor the inside of the property to make sure that they aren't tearing it to pieces or doing illegal activity?

The US is going to monitor your income and flow of assets, these are rules we all abide.

I also forgot to add that you should get a consumer-friendly credit monitoring app to take a look at what you can chip away at.

Realistically,  there isn't some 'garbage hauling police squad' monitoring this, so they would likely not get caught.

If your tools are setup correctly, they can provide you with full retention of your documents and help you monitor the internal controls regarding your outsourced accounts.For our accounts, our company has an Accountant Membership and each Bookkeeper under our company has an individual profile.

Bigger Pockets has some great state forums and usually there are good locals that monitor those.

I think with any business there is always a liability I just think all we can do is our best due diligence to ensure that the property is as safe as we can make it (fire alarms, CO monitors, and a strong recommendation to get their own coverage) make sure the home is mounted in law and if you can go a bit farther then the requirements (if it is a little slack) and document that what you did and what the intent of the steps you took and the probable outcome.