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Fred Glick from Glick Watch discusses real estate management in this tutorial. He emphasizes the importance of having a thorough rental cycle, broken down into showing the property, renting it, and turning it over. Necessary documents include a rental application, lease agreement, move in/move out form, and valid IDs for everyone over 18 living in the property. Additionally, conducting credit and background checks is crucial to comply with federal, state, and local laws.