How To Build a Shed

An artist thanked the vicar for letting him stay at a garden shed for a short time. The artist was planning to move out and said, “I’ll clear out the shed. Thank you for letting me set up in there.”

I was wondering if what does “set up” mean? Does it mean “stay” or “start his art business”?

Thank you very much

It’s closer to "stay", actually meaning "put up";
"Thank you for giving me accommodation/a place to stay."

"Set up" does mean "to start business", but I don’t think it
was used here in that sense.