The second one, there are 2 gas boilers and 3 water heaters running their exhaust through it.

I am new to Real Estate Investing and am so exhausted from all the seminars and books, and programs and have never been more confused.

Essentially, you are paying for something you hope you never have to use....but if it does happen, you have multiple parties in your corner fighting off a claim, for many years if needs be, and even if the limits of one were exhausted, you have another...and the legal fees alone could be large, so nice to have the insurers footing that bill and having an interested in settling or disposing of the suit....great question, though, could you be overinsured?

For example, the bathroom didn't have an exhaust fan.  

My current mortgages on my primary and investment properties already exhausted all of my usable income based on DTI calculation. 

I understand your strategy to be able to pocket extra money, but if my end game is to own several multis i feel like it would be retroactive to sell it after i went through the pain, and exhaustion of a full rehab. 

This is on top of being exhausted and possibly miserable.

Twenty (20) year statute has exhausted, but plaintiff can re-file with different date in 'normal' foreclosures.

When I'm doing what you're doing I try and exhaust all the free options first before paying real money. 

I get paid fairly well, $90,000+ annual salary but I'm just exhausted with the hours, nights, weekends and holidays and stress from daily operations.