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Fred Glick from Glick Watch discusses real estate management in this tutorial. He emphasizes the importance of having a proper rental cycle, which includes showing the property, renting it out, and turning it over when someone moves. During the showing phase, it is necessary to have a rental application, lease agreement, move in/out form, and conduct background and credit checks on all applicants over the age of 18. Compliance with federal, state, and local laws is crucial.