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Fred Glick from Glick Watch discusses real estate management on his show and introduces the concept of the DocBox. He educates viewers on the three main parts of the rental cycle: showing the property, renting it out, and turning it over when a tenant moves out. During the showing phase, it is important to have a rental application, lease agreement, move in/move out form, and ensure that all adults living in the property apply. Running credit and background checks on all applicants is crucial to comply with federal, state, and local laws.