Based on my initial numbers I think I can get between 15-20% CoC return.

My initial strategy to REI was to do some fix and flips to generate some capital for rental property acquisitions, but I just happen to come upon this opportunity.

@Damian BialonczykThat was my initial thought, as I can plaster, paint and drywall so I have some skills that I could use to make a renovation cheaper.

Right now I read 12-18 months after all the needed trials, but China may expedite that if they see positive initial results. 10.

The effects of a collection a long-reaching in this way, so your best bet is to get this fixed ASAP and you be the one who initiates the contact. 

I would advise you to consult your tax professional as we do not know your individual tax situation, nor what caused your initial interest in QOFs.To answer your question sincerely (with a common answer in the tax and accounting world), "it depends".

Upon sale the preferred return is paid first, initial capital from investors is returned second then remaining profits are split accordingly.

I believe these systems would accomplish the following:1) Allow you to put the cost of heat (and A/C) on the tenants.2) Offer the tenants a less expensive solution than electric heat.3) Offer the tenants relatively efficient A/C as compared to the cost to run window units.4) Cost you a heck of a lot more than electric heat in regards to your initial capital outlay, but I don't believe the maintenance cost is much.This is just an idea that I know has been gaining popularity. 

The initial funds to purchase and rehab are the funds I need. 

Also, beyond the initial numbers for the loan, I would need at least a 10% down payment for the purchase price of the property.