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To create a rental agreement, start by selecting a rental agreement template linked in the video description. Fill out the effective date, including tenant and landlord details. For the tenant, enter a name (e.g., John Doe), address (123 Tenant Street, Miami, FL 12345), and phone number (123-456-7890). For the landlord, include their name (e.g., Metdaq), address (321 Landlord Example Street, Miami, FL 12345), and phone number (111-222-3333). Specify the premises address (111 Premises Example Street, Miami, FL 12345), the start date for occupancy (e.g., January 1, 2021), and the duration guests are allowed to stay (14 days). Finally, send the completed document to the recipient.