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Fred Glick from Glick Watch discusses the process of real estate management. He emphasizes the importance of understanding the rental cycle, which consists of showing the property, renting it out, and turning it over when someone moves. Glick highlights the necessity of having a rental application, lease agreement, and move in/move out form. Additionally, he stresses the importance of ensuring that all adults living in the property apply, obtaining valid IDs, and running credit and background checks. It is crucial to comply with federal, state, and local laws throughout the process.
