This thread deserves an update. I ended up ordering the parts for the motors from a Rexroth dealer shortly after my last post. I was expecting the parts early December, but didn't get them until January 5th. I also purchased a new parking brake solenoid from Cat along with a new hose and hydraulic filter, those were ready next day lol.
Since it's the dead of winter here I ended up building a shelter around the machine with insulated tarps and setting up a construction heater to make things barrable. I already had everything cleaned up so with the parts in hand I put the machine back together in less than 8 hours. The machine fired right up without any issue, and no leaks to be seen! I tore down the shelter and took it for a spin around the yard and it ran well.
Fast forward to this weekend, I fueled and greased the machine before cleaning up snow from the last storm. I put about an hour and a half on the machine and just had to top up the hydraulic fluid one more time. The machine runs great and seems very strong. I got it to operating temps and no leaks to be found. I bolted the cab back down, fixed a broken bolt on the fan cover and called it a day.
There are still a few small things to fix on the machine, it'll be a work in progress. There are a handful of hoses that could be replaced along with the pins and bushings that connect the arm to the quick connect plate.
Thanks everyone for the help and insight. The repair wasn't per the book per say, but I think it'll work out just fine.