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Updated over 7 years ago,
It's a trick; get an axe!
http://friscotexas.gov/442/Single-Family-Rental-Registration
Looks like Frisco is starting down the path that Richardson, Garland and others have traveled.
Of course they start with voluntary registration to get you in, then next year they will add inspections, then the following year a modest fee and then the next year a fee increase.
This was exactly how Richardson did it.
And with Frisco being one of the most indebted cities in the country per capita (municipal debt not private) then not putting on fees may be too tempting a revenue stream to pass up.