Most flight controllers with F3, F4 and F7 processors (made in the last year or two) have inbuilt 5v regulators (BEC), and will do fine as long as it's capable of supplying adequate current. Most have a 3a rating. To be sure (add up all things you have connected to the 5V supply (Video camera, VTX etc, but most of those run on battery voltage either directly or thru a filter) and allow about 25% safety margin.
Even the older designs utilize a PDB (Power Distribution Board) and these typically have 5 and 12v regulators. Even older (going back to F1 Naze & other F1 designs, quite obsolete for a while now) were usually used with a generic PDB which has a 5V output.
Make sure you read up on the SPLIT, as it has the unfortunate tendency to backfeed power from your 5v source into the USB connection. It CANNOT be connected to USB with a battery in the quad. (be careful not to confuse USB connectors when plugging in your FC, it's easy to do - I painted the split connector Red) This problem has been fixed on the new (V2) Split, which addresses a lot of the problems with the 1st version. Also make sure you install the newer firmware which fixes some issues including the full screen "Card Full" warning
I've got one running on a Kakute F4 and it works great this way, it stops and starts recording when you connect and disconnect the battery, so it's very convenient. Video feed HD and sound are great.
A separate BEC is rarely needed on a miniquad if it's F3 or F4