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Fred Glick, from Glick Watch, discusses real estate management in this tutorial. He highlights the three main parts of the rental cycle: showing the property, renting it out, and turnover. During the showing phase, ensure you have a rental application, lease agreement, and move in/move out form. Also, require all adults over 18 to apply and conduct credit and background checks. Compliance with federal, state, and local laws is crucial in real estate management.