Jason Goretzki - Thanks for the mention!

They shouldn't care that you are doing an Lease Option and I wouldn't mention it to the.

And is there any reason why any of those metrics I mentioned shouldn't be used for properties held this long?

As for those questions I mentioned earlier I was hoping I could get some advice on, here they are.1) What is the typical down payment a Canadian needs to pay for a US investment property (SFH)?

Sorry for the long intro, as I mentioned, I am a pilot for a regional airline based in Appleton, WI and Jess is a leasing consultant for an apartment complex in Oak Creek.

Not to mention the tax treatment. 

I highly recommend attending the meeting at Ramblin Jacks restaurant tomorrow night as @Andrew Hodgson mentioned.

But I would be circumspect about how I requested the records (need them for personal research project), how the information appeared when disseminated (all indications that it came from the State would be removed), and how I phrased my interactions with property owner's who were identified through use of public records (I'd never mention that the owner's identity or address was obtained from the State or County, only that obtained the information legally at considerable cost).

I'd echo what @Ron Fletcher mentioned on paying off the asset. 

And, as I mentioned, I am sure there are a number of differing opinions from others on this as well.