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Fred Glick from Glick Watch explains the basics of real estate management. He discusses the rental cycle, which includes showing the property, renting it out, and turning it over when a tenant moves. During the rental application phase, it is important to have a rental application, lease agreement, move in/move out form, and ensure all adults living in the property apply. It is crucial to verify IDs, run credit and background checks, and comply with federal, state, and local laws.
