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Fred Glick from Glick Watch discusses real estate management in this tutorial, emphasizing the importance of having a structured rental cycle consisting of three main phases: showing the property, renting it out, and turning it over when a tenant moves. During the initial phase, key documents such as a rental application, lease agreement, and move in/move out form are essential. It is crucial to ensure that all individuals above 18 apply for the property, provide valid IDs, and undergo credit and background checks. Compliance with federal, state, and local laws is crucial in real estate management.
