The seller can pay for it at closing (the title agent will cut the check to the trade to ensure there is no resulting lien) and provide proof of the replacement to the insurance provider.  

We're crunching numbers and planning to make purchases this year in the self-storage space.

It seems like it would be great to flip one property while planning on getting another one ready to add to my rental holdings.

When considering a vacation rental property, it’s essential to have a backup plan and understand the numbers for annual leasing.

I would plan for having to put 20%+ down for most deals. 

If you're more of a 'personal referral' person than a 'do research online' person, and this is local to you in Manhattan, KS, hit up one or two of the trades people in the "little apple all stars" BNI group.

Does your company only operate in Memphis or plan to expand to other markets?

I am just planning. 

Provide them proof of your ability to find, fix, flip (or whatever strategy you plan to use), and then start with small amounts of their money.

Remember, in this model, you are planning on holding on to these properties as rentals so pay now in quality, or pay later in headaches and repair costs.