@Liz Lynn Probably last longer than your standard shingle but LOUD AS HECK during a hail storm.

When the roof was done in for good in a particularly nasty hail storm, the insurance inspector got a good laugh out of it.

I have american modern on a few rentals and had one hail claim, roof and some repainting.

They flyer and ring our doorbells 20 times a year and tell us we may have "hail" damage.

Yes, I’ve used interest only mortgage when a great beachside house I had under contract was hit by hail before closing.

Sticking points to consider: the higher property tax rate for being an investment property and insurance costs (wind, hail and flood) are the two most significant expenses we are seeing right now depending on if you go SFH or the condo route. 

We recently got charged by our HOA for roof repair from hail damage and it was $14,416.

Three days later there was a hail storm that caused a great deal of damage to the community and I hadn’t updated my policy.

We could open an insurance claim for a recent hail storm but the deductible is $25k. 

I hired a roofing contractor to take a look and he said the whole thing needs to be replaced in 3-4 years due to hail and wind damage and not the best install job either.