There are no specific "minimum requirements," aside from "don't commit fraud" and a human BS test.

Florida has specific requirements to be met to stay legal otherwise it is a 3rd degree felony.

I won't go into the specific reasons as I believe they are unjustified.  

There's not a lot of Alberta specific MF meetups because:Market size is smallMost investors think of condos/houses as opposed to multifamily (hence, less interested investors)Debt-financing is hard to come (relative to the US)Institutions are not as investor/landlord friendly (relative to the US)Lots of Canadians invest south of the border for all of the above reasons plus better returns/liquidity/currency diversification. 

A good power wash and coat of paint on the outside goes a long way too.You can get estimates from many mobile home-specific contractors that understand these needs if you are not going to do it yourself.Basic repairs on a decent old home can run between $2,500 to $15,000 depending on how bad of shape it's in.

Hopefully you can be a bit more specific in your response ,so I can be able to ascertain if it's within my scope and fits my criteria.Regards,

I am curious if there is anyone out there, specifically in Ada, OK or surrounding areas that can shed some light on the market, if there are decent property managers out there, etc.

Just make sure they do commercial ( and have experience with your specific type of asset).  

While I can't say for your state specifically, as a general rule, commercial leases are governed by the contract.  

The forums are a great way to get a big-picture perspective on the opportunities in REI and also for specific guidance on a particular property you're looking at.