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Fred Glick from Glick Watch discusses real estate management in this tutorial, emphasizing the importance of having necessary documents like rental applications, lease agreements, and move in/out forms. He highlights the three main parts of the rental cycle: showing the property, renting it out, and turning it over when someone moves. Glick stresses the importance of ensuring everyone over 18 applies for the property, obtaining valid IDs, and conducting credit and background checks. He also mentions the legal requirements at federal, state, and local levels.