I am pretty sure it will be Federally Documented as it is now with the current owner and lender seemed to be leading me to that path as well. We live in Illinois but will be keeping the boat in Michigan so we were told to register in MI.Hubz...welcome to CSR!!
It might seem snarly at times, but it really isn't, and there is endless useful (and useless!) information from a lot of knowledgeable people.
I don't think I noticed an answer anywhere here to the question of whether you are planning to State Register (or license in Canada) or Federally Document the title of your boat (called Registering in Canada...just to confuse things!).
The hailing port requirements for state registration are optional or somewhat arbitrary (I believe) in the USA (as they are for licensing in Canada).
Are you asking about legal requirements, or tradition / convention?