Be sure of your budget
My current total net income, after tax and bills, is 1580 including my current rent of $450. So just north of 2k to spend on rent.
And then you say
5k in savings (lots of travel)
That's barely over three months worth of savings given the net income that you cite. Did you take twelve months and look at how much money you had left over? Or did you try to add up your bills? Adding up bills is fraught with danger, as it's easy to leave some out. For example, how much do you spend on eating out for lunch? Don't assume that you'll cut expenses later. If you can't hold a particular budget now, it is risky to assume that you will do so in the future. The best way to prove that a budget will work is to live within it for a year. And even then, watch out for emergencies.
Savings for emergencies
As a general rule, you should have six months of gross income as savings at all times. That would be $21k now and $23k after your raise. So you are currently low on savings. Worse, as a landlord, you should have more savings than that. You should be able to survive a long period where you can't rent.
As a landlord, it is your responsibility to keep your property in rentable condition. If something happens, your tenant(s) can leave. Sure, you can sue for breach of contract, but there are many situations where you wouldn't win. Even if you do win, what if the tenant is no longer able to pay? Or a tenant dies. You have to put their stuff in storage (at your cost) and make claims against the estate. There's a good chance that you end up eating some of the rent, utility, and storage costs.
My point is that you probably need to be able to pay your mortgage out of your salary. Plus you need to have substantial savings to ride through issues. If you had a major repair (e.g. a broken pipe with the associated water damage) in the first year, you do not seem to be in a position to get past that.
If you get an out and out bad tenant, are you prepared for the time and money needed to evict? While tenants can help you cover expenses, in the worst case, they are a substantial expense themselves. The linked movie should be required viewing for anyone considering being a landlord. Are you ready for that?
Include all house expenses
A $200k loan for $950 a month is quite possible. But you don't have enough savings to get that kind of mortgage. You need a 20% downpayment for the best rates and to avoid mortgage insurance (PMI). That's $50k in savings for a $200k loan on a $250k house. Also, that $950 a month won't include your property taxes. Figure another $250 a month for taxes and $100 a month for house insurance.
You can get a mortgage with 5% down, but expect a higher monthly. Your interest rate will be higher and you'll pay something like $100 a month extra for PMI.
How much do you have budgeted for replacing and repairing appliances? And maintenance in general? Have you budgeted for annual inspections of your furnace and water heater? Resealing the roof? Cleaning the gutters? Have you adjusted utility costs for a house rather than an apartment? Plumbing problems?
If you rent a room, remember that utilities are going to be commingled. Are you ready to live with someone who takes hour long showers?
Don't forget to save for retirement. You don't want to be unable to pay your property taxes and lose your house. Don't rely on government pension promises. They are often overly rosy.
I've mostly concentrated on the bad things. It's quite possible to make this work. But I'd start with the assumption that you need at least $73k in savings. $50k of that for a downpayment (increase if the house is more than $250k). The remainder for emergencies. Note that $46k emergency savings would be better. I'd kind of prefer that the student loan be paid off, but that's not absolutely necessary.
Oh, and make your tenants buy renter's insurance. If you need to sue someone for damages, an insurance company makes a much better target than someone who can't even afford to rent a whole apartment. Plus, it makes it less likely that one tenant will sue you for damages done by another tenant.