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Thanks for that info. If a tenant vacates without paying the owed rent (and no insurance is present), what are the chances of getting them to actually pay the arrears back afterwards?

So one other question - assuming a good PM, roughly what sort of time frame would we be looking at from the last rent payment to actually having the tenant out, if they just ignored all contact?

Thanks guys, that is very helpful.

Ok, I have read through a bunch of other threads and the residential tenancy act but I want to make sure I understand it correctly. (I am somewhat new to this with 2 properties and not having faced these issues before). I want t a second opinion to what my PM has said. As I understand it...