Earlier quoted context omitted.
Hetzner dedicated server * 3 + k3s + vnet + longhorn + metallb = basically the cloud. I can snapshot a database disk with a click of a button and restore the snapshot with yet another few clicks. I have 1.5 TB of highly available disk space, 40 cores of full CPU power, 160 GB of RAM, & dynamically provisioned IPs for metallb. For only $130USD a month. For the same price in Azure, I had 6 CPU cores & 8 GB RAM.
You could do that. But let's say need 4x vCPU: 72, Memory (GiB): 144 for 4 hours. Or you need that 12 hours a day but for the rest of the time you need 2 cpu and 4 GiB of memory. You need to handle traffic spikes such as TV traffic. Yes you could self-host a cloud env but you can't scale your resources the way you can with cloud.
I would probably send you back to where ever you came from and tell you to re-engineer that. Cloud or no cloud.