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Fred Glick discusses real estate management on Glick Watch, emphasizing the importance of having essential documents such as a rental application, lease agreement, and move in/out form. He highlights the need for background checks and following federal, state, and local laws. The rental cycle is broken down into three main parts - showing the property, renting it out, and turning it over after a tenant moves. Glick stresses the importance of thorough screening and compliance with legal regulations for successful property management.