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In this tutorial, Aaron from Time-Saving Templates introduces a rental property tracking system using an Excel worksheet. He offers a customizable template available on timesavingtemplates.com, with versions for managing five to thirty properties. Each rental property has its dedicated page where landlords can input the property's name for summary identification. The template allows users to record income and standard monthly expenses for each property. Aaron walks through the initial steps of entering income details, emphasizing the importance of including dates alongside the financial entries for effective tracking.