Get your deposit back and live to fight (or invest) another day.

I don't want to do the wrong things here but I also want to fight for my property because I know the quality of work that was put into it and that it's definitely no wheres close to what the property was 2-3 years ago when we bought it. 

If you are not prepared to comply and kiss a** you are starting a fight you can not win.

Bring that up to the agent and MOST LIKELY the agent will just let you walk, they don't like a fight.

There are many fees and regulations to be followed and it will be quite a while before it's capable of returning your investment. this means a long period of holding cost plus fronting the Municipality, construction, architecture and engineering cost.  

You buy a property in distress and not capable of qualifying for conventional financing or for a property that is from a wholesaler and needs to close quick.

It depends on the capabilities of that Landlord.

Do an honest assessment of what you are willing and not willing to do, but also what you are capable and not capable of doing.

It implies that the insurer will have a significant role in fighting any lawsuit. 

Unless the mayor or CMs are fighting for renter constituents, another candidate in the next election will fight more and they will be replaced.