The toilet is broken, due to their neglect and with no sense of notifying me.

You have PITI for the month plus repairs/upgrades.

Plumber went to the townhouse and confirmed broken pipe, stopped the leak with a temp fix and tenant cleaned up the standing water.

Regardless of the market you upgraded your wealth with a 1031 exchange!

The fire dept turned off the water at the street by the time our guy got there, and the City quickly got involved exerting a fair amount of pressure.In the interests of keeping this story short, these are all the things that we had to do: Communicate with the property owner, the tenants, and the city constantly, offer hotel rooms to affected tenants (some took us up on this), secure the building from future squatters, get the water main and all pipes thawed out, have the water company turn the water on at the street, have a crew of plumbers isolate and repair/replace broken pipes in a muddy crawl space, clean up the mess created by the water in the basement/crawl space, get into all apartments to inspect for damage, test and get water service restored, and repair some internal damage to one of the apartments (that's still in progress), and apologize to the tenants. 

Its bones are good, it's in a fantastic sought after, no crime, quiet neighborhood. 4 bedrooms, 2 bathrooms, 2100 square feet, just needs cosmetic upgrades but nothing major and college kids don't care about that.

Extreme Example: 1,000sf house on 5ksf lot in original condition, on a main highway, does not have the same $/sf as a brand new, highly upgraded 1,000sf house, on 1 acre of beachfront. * You can ask to extend the due diligence period, based on false information provided/advertised and newly discovered facts.

I contacted my ex and suggested we spend $50K each and upgrade the property.

Its bones are good, it's in a fantastic sought after, no crime, quiet neighborhood. 4 bedrooms, 2 bathrooms, 2100 square feet, just needs cosmetic upgrades but nothing major and college kids don't care about that.

But I would assume the new owner would want to upgrade the building and put new management in place.