Say it ain't so!
We NEVER reccomend owner operator or lease.
*bangs head against a wall repeatedly*
An owner-operator is a driver who either owns or leases the truck they are driving. A self-employed driver.
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Maybe instead of going straight for your own authority, look at companies that offer a lease program. I just started lease at Roehl. It will give you a chance to learn how to run your business before being thrown to the wolves. Roehl's lease program is a walkaway program which means if I find that lease isnt for me I just bring the truck back to the terminal to have lease decals removed and I can go back to being a company driver. With the questions you have asked it appears you need to do a lot more research before deciding on a truck. Good luck with whatever you decide.
Terminal:
A facility where trucking companies operate out of, or their "home base" if you will. A lot of major companies have multiple terminals around the country which usually consist of the main office building, a drop lot for trailers, and sometimes a repair shop and wash facilities.