It’s a trade off, man.
I have many data like movies files to stream for my home (via Plex). I have my home server with big size hard drives so that I could backup many of my documents and data there.
For example, you could upload public data to the home server and everyone in the private network could download them if permitted. I have my home private network of 1000 Mbps bandwidth, really fast. But with a cloud VPS, this is not a good plan. The bandwidth between your client and the cloud VPS server might be 100 Mbps or so, but it is unlike that it could be 1000 Mbps.
The cloud computer service has serious disk size limit for above intentions.
Actually, I have my cloud VPS server but I only use it to establish the IPsec connections.
Tom