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Fred Glick from Glick Watch discusses real estate management in this tutorial. He emphasizes the importance of having essential documents such as a rental application, lease agreement, and move in/move out form. Glick advises to ensure all adults over 18 living in the property apply and undergo credit and background checks. Compliance with federal, state, and local laws is crucial during the rental cycle's three main parts - showing the property, renting it out, and turning it over when needed.