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My name is Fred Glick and on Glick Watch, we will teach you how to do real estate management yourself using our DocBox. The rental cycle has 3 main parts: showing the property, renting it out, and turning it over. In the first phase, you need a rental application, lease agreement, and move in/out form. Everyone over 18 must apply with a valid ID and undergo a credit/background check to comply with federal, state, and local laws.