Preheat oven to 400 degrees. Place 4 pieces of foil on a large baking dish. Be sure to make them 6-8 inches wide spray with non-stick cooking spray. Combine rice and water in a bowl. Cook in the microwave according to directions. Once cooked add lime juice, pepper (to taste) and cilantro. Set aside.
Slice all peppers, onions and chicken. Once everything is prepped place in a bowl with olive oil and fajita seasonings. Combine until thoroughly coated.
Layer the ingredients on the tin foil in equal parts. Place rice on the bottom, chicken/pepper mixture on top, black beans on either side.
Fold up the sides and seal the top so they look like "packets". Bake for 35-40 minutes and serve tortillas, shredded cheese and sour cream if desired!