Yes Physical Locations matter a lot. But in both ways. I habe Backups in at Home and in the Cloud. Both Locations can get destroyed but ITS unliklry that both get destroy. Another Faktor ist Internet Connection. If your Internet Connection ist Dual Stack lite, you cant Access your Home Network via ipv4 or hast a very low bandwith. And with ssh its irrelevant If the Server ist 2 Meters from me or 20km.