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In this video, Matthew discusses creating a rental application using legal templates. He provides a link to access these templates and directs viewers to navigate to the real estate forms section. After selecting "rental application" and the state (Texas), he guides viewers through filling out the property address, including unit number, city, state, and zip code. Matthew then prompts questions regarding the landlord's policies on co-applicants, smoking, parking, and pets, emphasizing that these depend on the landlord's rules.