Due to the average loan amounts being so small in Ohio, direct lenders / mortgage bankers (same thing) will generally have more favorable rates/terms/fees/etc than what independent mortgage brokers can source, that's how the 'banker v broker' debate ends as of now, specific to a place like Ohio, that might change in 3 or 5 years, who is to know (if you see Eric become a broker and me become a banker, that would be a good hint that things switched up :P ).

Why do you think it is a better idea to have your roommate and mother in law living in your quad rather than just renting to market tenants and having those close to you rent/buy independently nearby?

@Doug Sah is exactly correct--you may be comfortable with the risk of loss to property, but one liability claim could wipe you out permanently.NY is a bit far for me to have any specific agent recommendations, but I would look for an "independent agent" -- that's someone who can write policies for several different insurance companies.

I know some folks that will only invest in Plano or Frisco because of the appreciation and there's more demand there.I saw one of your other posts, and it looks like you're new to this concept and really excited about financial independence. 

We're frugal and independent so this sounds like perhaps a fit.  

@Grovert Fuentes I would always get at least one quote from an independent mortgage broker when shopping for a new mortgage. 

While I am all for taking risks in life to pursue your dreams and financial independence, one has to be grounded and take calculated risks to avoid "all or nothing" situations. 

I want financial independence.

I just moved in from Upstate NY and am very excited to start investing (little by little) to become financially independent in a few years but my biggest concern with Houston, TX is the flooding. 

Is it just financial independence?