You don't need expensive SLAs to do data replication or load balancing in the cloud. It is pretty basic.
And no, data replication or load balancing is not easy, nor cheap.
* Automated. * Scoped to business critical services. Typically not including many of the 3rd party services. * Uses data replication, which is a feature in any modern cloud. * Load balancing, by DNS basically for free or a real LB somewhere on the edge.
If you fail at this you probably fail at disaster recovery too or any good practice on how to run things in the cloud. Most likely because of very poor architecture.
It's easy to replicate multi-tenancy for RDS since it's built in. But it's not cheap. It's double, triple the price.