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Fred Glick from Glick Watch discusses real estate management on his show. He explains the importance of having a thorough rental cycle, which includes showing the property, renting it out, and turning it over when someone moves. During the first phase, key documents such as a rental application, lease agreement, and move in/move out form are necessary. It is important to ensure that all adults living in the property apply and that proper checks are conducted. Compliance with federal, state, and local laws is crucial.