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Fred Glick from Glick Watch discusses real estate management in this tutorial. He explains the three main parts of the rental cycle - showing the property, renting it out, and turnover. During the showing phase, important documents such as rental applications, lease agreements, and move in and out forms are necessary. It is crucial to have everyone over the age of 18 applying for the property and to run credit and background checks. Glick emphasizes the importance of following federal, state, and local laws throughout the process.