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Fred Glick from Glick Watch is teaching real estate management on their show. They discuss the rental cycle, which consists of showing the property, renting it, and turning it over when someone moves. Important documents like a rental application, lease agreement, and move-in/move-out form are needed during the showing phase. It's crucial to ensure all adults over 18 living in the property apply and undergo credit and background checks. Compliance with federal, state, and local laws is essential in real estate management.