You can technically just get any ol' VPS and install the respective/relevant software on it. Just check that the VPS provider doesn't forbid torrenting/etc. in their ToS, I guess :)
I used to do this, but virtually all streaming sites etc block VPS IP ranges now. The beauty of OPs idea is that you get a nice domestic IP instead of one belonging to AWS/GCP/etc.
I've also resorted to putting tailscale exit nodes in foreign relatives homes with Pis in the past.
There are enough weird issues with pretending to be a domestic internet connection from a VPS IP that I've given up trying.
>Just check that the VPS provider doesn't forbid torrenting/etc. in their ToS
They almost always do. But many of them forbid only in tos, and not exactly do something about it