You sound like me. Most people I know prefer yes or no, not why the real answer might be maybe. I drive my wife nuts.
I dry mine in an unheated shop. Your basement sounds good. I might be a little concerned about too quick drying. Keep an eye on them. If it looks like you're getting too many splits in the ends move them to a dry unheated space. Coating the ends will also help slow drying and help keep checking under control. Cheap latex paint works ok. Bowl turners swear by Anchorseal but it's on the pricey side.
If you're impatient like me and want to get started right away you can try to find some sound dead sticks. There are also a couple guys who sell blanks online.
Tom and Randy are both members here though they don't post often. I'm sure there are other vendors as well.
Dead sticks are generally dryer to start with and are less likely to check. Any checking that was likely to happen most likely already has. It varies. If you're making one piece sticks or hiking sticks it becomes a little less critical that the sticks are completely dry. I would recommend starting with a stick you don't particularly care about if you want to work with green wood. That way if it does split you're not out as much.
I wouldn't worry about hanging them unless it's a good way to keep them out of the way too. I make enough that I built racks to lay my sticks on but then that's because I make around 40 or so a year. If you're only making a few just prop them in an out of the way corner.
I can't say I've ever had a stick warp from improper storage.
You can steam mild bends out. Sharp bends are there to stay.