If the area is in low crime, good schools and the town offers other desirable characteristics (transportation, lively downtown, proximity to beach/lake/ski) That area may be an A or B.

The rules state that operators and investors need to have a pre-existing relationship before offering an investment opportunity. 

You can do a ski place or a lake place.

Hospital LiensHospitals filing liens on homes because major medical bills could not be paid; often a pre-cursor to other delinquencies14.

The assumption is 20% down with 5% APR over 30 yrs, if take vacancy and maintenance into consideration, there is pretty much no cash flow. 2.

Does anyone know if there is a pre-existing fund that allows an investor to purchase an individual property through them or do I have to setup my own QOF entity? 

It's their way of having you sign up and claim something instantly which is a pre-existing condition. 

It’s a pre build property so I have the option to buy it from the builder or get a realtor.

I would say my biggest advice is use this time as a pre-determined study  / saving along with screening potential markets you might move to.

Does anyone have or use a pre-existing "calculator" for figuring out monthly utility charges for tenants using RUBS (Ratio Utility Billing System)?