Simply false. These are the steps involved in "declaring" your property to be rentable:
Step 1a: If you rent your place, ask your landlord for permission. Step 1b: If you live in a condo building, ask your condo association for permission. Step 1c: If you own your own house, ask your spouse for permission.
Step 2: Put an ad on Craigslist advertising your rental.
Step 3: There is no step 3.
Declaring a property to be rentable is literally a trivial exercise unless you're going for short-term (aka "transient" or "hotel") rentals.