I'm not really up to date on homelabbing hardware, but I'm surprised to see how much the whole thing is centered around raspis given how expensive they are for their relatively low capacities. Possibility of offgriding your homelab is an interesting project but not what I'd center this "revolution" around given most homelabs stay, well, home.
DIY 10" racks for second hand mini PCs would interest me way more but looking at the YouTuber's big lab racks affordability doesn't seem to be much of a factor.
If you're selfhosting already, you know how to deploy it. Are those services available in the internet via some domain? Having an SSL certificate with automated renewal is quite important. Make sure to update the machine the service runs on regular.
Backups! Having daily snapshots to be able to roll back if necessary is great. If you want to use your own hardware, I suggest Proxmox. If you want to rent a VPS, see if the cloud provider has something like that as well (will likely cost a little extra). Also, check the service's documentation on what data to back to in order to be able to restore on a new machine in case your server explodes. (3-2-1 rule). Shutting down the instance with no prior warning because of some error you can't recover from because of no working backup is the best way to spoil anyone's experience.
If you use docker, make sure to have it behind a reverse proxy and configure your docker ports to be bound to localhost only so you don't accidentally expose your database to the internet.
Think not only about technical deployment but also governance. Set instance rules and think how you want to do moderation. See if you have someone to help you with that.
Go for it! Set it up, fiddle around for a while and when you get comfortable, invite your friends. Just be upfront that there might be an occasional downtime for maintenance (which you will advertise a day before or so) every now and then.