imo people are over paranoid, in some neighborhoods you can get a ring for free with the stipulation that police will have access to your camera if something happens. Personally I would hand over video on my own if something did happen at my place now and I paid full price
Yea ring only has cloud storage no dedicated local storage but you can download clips to your phone
Honestly if you want the best system possible it's always one of these
LaView UHD 4K System
no cloud, no lag, no monthly fee, you control your system from A to Z
downside is installation is no where near as plug and play as ring and other system, plus mobile app support is not the best and requires alot of setup on your side
If I had a newer house and funds to spend and wanted imo top notch flawless security this is the system I would go with, but so far am happy with my ring + a security system