From what I understand, it's made from the same types of products as exterior vinyl siding--it can take a beating.

People are getting ripped off daily with the insurance products that you are selling, but majority of folks here are intelligent enough to realize that they are much better off taking control of their investments into their own hands, rather than giving their hard earned money to the insurance companies which pay their sales agents commissions up to 90% of the premium received. 

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!

No need to replace as it is a great product that will last tenants abuse.

Those are some very expensive and hard lessonsThe finished product came out nice though! 

They do have the higher monthly fee (and I wouldn't by a condo with an unreasonable fee), they don't go up in value as much as a single family, on poorly run ones (not stratford) you run the risk of a special assesment.

Some say the multifamily strategy, the buy land and put trailers on it strategy, to don't invest in mutual funds(rich dad poor dad). 

Tenants told me of the poor service and by just looking around in and out of the building, it’s obvious.

I recently foudn a good lender with an asset based product in the 75% LTV (30% noncourse for IRA, non-US resident etc) 6.75-7.5% range, 10-30 year terms (it does depend on the specific properties and which investor might buy the loan so he can't give you a quote without more info) and VERY IMPORTANTLY 30 DAY FUNDING!  

They do a really good job with the product they offer.