I wouldn’t recommend a WD My Cloud Home - it’s not a NAS as such, it’s a bit limited; I’d go for a Synology. or One Drive as you suggest - a 1TB plan is quite reasonable with regards to cost.
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I use OpenMediaVault for my NAS
But if you don’t want to be the IT of your family, I’d just go with an easy solution like WDs my cloud or one drive
I wouldn’t recommend a WD My Cloud Home - it’s not a NAS as such, it’s a bit limited; I’d go for a Synology. or One Drive as you suggest - a 1TB plan is quite reasonable with regards to cost.