Amends GS 160D-1207, which allows the inspection department to make periodic inspections only when there is reasonable cause to believe that unsafe, unsanitary, or otherwise hazardous or unlawful conditions may exist in a residential building or structure. Prohibits a local government from adopting or enforcing an ordinance that would require any owner or manager of rental property to obtain any permit or permission under Article 11 or Article 12 of GS Chapter 160D from the local government to lease or rent residential real property or to register rental property with the local government, except for those individual properties that have more than two (was, four) verified violations in a rolling 12-month period or two or more verified violations in a rolling 30-day period, or upon the property being identified within the top 10% of properties with crime or disorder problems. Adds that a local government may levy a fee for residential rental property registration for rental units that have more than two verified violations of housing ordinances or codes within the previous 12 months or upon the property being identified within the top 10% of properties with crime or disorder problems. Requires the fee to be an amount covering the cost of operating a residential registration program and prohibits using the fee to supplant revenue in other areas.