However.. still can't trust you. Its like: I do best for "my" server, named by you, which you will like. After you see what I did for server, you can simply kick me off and get all shit that I created. And say to me its buggy, and shi-tty as you said before. Its same as, for example I'm owner of unnamed server, in which I'll add you as full admin or server owner with all your stuff (resources,...).
So yeah, it really is to be owner of server which is hosted by another person that can simply steal your resources. Also you will be owner of "your" server which is named by person that hosts server. So basically, its like to be admin or owner on server. Its not like: OMFG I HAVE FREE HOSTED SERVER WITH MY NAME AND ALL STUFF THAT MADE WITHOUT GETTING MY RESOURCES STOLEN.
Try to not lie, not all people are stupid.
That's all, if you don't understand, read word by word. (there are two examples almost same, but not so same.)