House Hacking - Single Family w/ Finished Basement

[Nathen Strife]

First time poster and first time House Hacker. (Hopefully, still finding the right property)

I’m looking at several properties around Anderson, SC. Properties are single family units with finished or un-finished basements (looking to do some renovations myself) 

2-3 year plan is to live in the property and rent one unit out. (Basement or upstairs) 

3-6 year plan is to move out and rent both units.

 
My question is what is the suggested approach for renting a unit out of the home and living in the other?
- Do I need to have a business set up?

- Do I need to look at Zoning to rent a portion of my primary residence? 

Any help and suggestions will be greatly appreciated! 

Thank you, Nate