It's supply and demand so I would start at $100/month which is F'ing crazy but your not looking for volume, you only need one person who values not walking 1-3 blocks in the Winter and can't afford to have their car towed. 

There are lots of variables.

For single family home appreciation supply - demand factors rule.    

I also go get all of the supplies and bring them to the job site for him.

Do you know if there are any development plans in Chico which might add supply to college rentals in the forseeable future?

. - If your tenant supplies the washer/dryer, then they are certainly responsible for getting them fixed.

What are some of the variables that could be contributing to this?

When ppl say there is a “high demand but a low supply there... ” I’m curious as to where to find the frameworks for that information.Do you just keep an eye on prices in that area?

Your loan goes on to be paid off over a variable period of time and you get your original deposit back.

All in all with cleaning fees, supplies, minor repairs and upkeep, mortgage and HOA (25% down on mortgage) all expenses are covered and see a cash flow of $2-5k/year.