Looks like you have a good healthy savings rate and make sure you set aside funds for both expected and unexpected expenses if you do house hack.

They are going to be able to navigate unexpected issues and guide you through the project. 

Bouncing payments or only being an illness or accident away from notbeing able to pay the rent, are issues considered by our underwriting.Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter ofexplanation (LOX).

I had a sewer line collapse at my rental. The city came out and said it isn't city responsibility. Insurance came out and said it isn't covered. Plumbing company doesn't have a payment plan. All in they want $20k that...

Yes, higher income makes it easier to handle unexpected repairs but the property or group of properties itself should have a reserve.  

Family emergencies and unexpected illnesses all can come to pass.  

Swapping one breaker takes modest time (15 to 30 minutes if no unexpected issues including time to identify the circuit), but swapping additional circuits at the same time requires very little additional time (probably less than 5 minutes each).If AFCI breakers does not meet code, The possible solution could be as simple as installing a GFI on each circuit.  

Determine what your financial expectations are for an investment property, run your numbers very conservatively (and for gosh sake, include room for unexpected costs, even on a new build) and then see if it makes sense.

I could technically get $332K out, so this leaves a little meat on the bone to cover closing costs, potential unexpected rehab issues, etc.

In my RE journey, I have seen several unexpected issues while renovating houses.