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Fred Glick discusses real estate management on Glick Watch, emphasizing the importance of handling the rental cycle in three main parts: showing the property, renting it out, and turning it over when someone moves. He highlights the need for a rental application, lease agreement, and move in/move out form. Glick stresses the importance of ensuring everyone over 18 living in the property applies, providing valid ID, and running credit/background checks. He mentions the legal considerations at federal, state, and local levels.