Am creating an Online house rent system that will enable tenants to pay house rent online,check statements,a caretaker to write reports,landlord to write statements,add new tenants. I welcome all your ideas on how to go about it.The database requires either Ms-Excel or Mysql.

Start by writing down what you need. If you have that then it's easier to plan all the separate parts.

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Don't use MSExcel if you can help it. You can output and input to MySQL by a number of methods (e.g. csv).
As pritaeas says, write down your needs.
I find it useful to draw diagrams (e.g. data inputs and interactions, 'entities', views and outputs)
Once you have a good idea of all the data you need to store and serve, then you can build your relational DB schema.

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