Assuming there will be several students sharing this property, and the nature of your tenant, I'd assume that there will be much more wear and tear on your property than $83/month.

Seeking advice to take the next step...contacted the owner of a SFH that has been vacant for several years. 

I have called several contractors who either do not show up at all or just do not submit a quote after looking at my project. 

The towns can vary greatly in several demographics and statistics.

There are several people here who like to use it for residential properties, but I don't believe it's a great indicator of value for residential, especially SFH and duplexes.

Check on Loopnet in your area to see if the price is inline with what others are asking for the same class, per foot, NNN or not, etc.It's definitely harder than a SFR but doable.Send off an email blast to 5-10 long time commercial agents/brokers in the area and ask their opinion on what it should rent for and see if several of them key in on the same close range.

@Ben Toth, It all depends on the niche you are choosing to pursue.For wholesaling: Big Buks for Junk Houses by Randy Phillips & If you cant wholesale after this I have nothing for you by Todd FlemingLease Options: Turn Key Investing with lease options by Matthew ChanOwner Financing: My Life & 1,000 Houses: The Art of Owner Financing by Mitch StephensGeneral: The Millionaire Real Estate Investor By Gary KellerThese books along with several others give you an idea of what is possible.

I live in a condo I recently purchased and own several great parcels in the area I’m looking to sell or flip.

Typically gym & pool is extra fee with several parks for kids.

If ya'll are open to working remotely there are several stellar tax pros here on BP.