What a metric should necessarily do is it should give me a way to associate a frame invariant number with a given pair of spacetime events. Now, if I use a higher rank tensor field (say, for example, a tensor field of rank 3: $g_{\mu \nu \rho}$) then also I can certainly produce a frame invariant scalar out of a given displacement $\vec{A}$ in this trivial way: $ I := g_{\mu \nu \rho} A^{\mu}A^{\nu}A^{\rho}$. Since the components of the higher rank tensor and that of the displacement vector are going to transform in a covariant and a contravariant manner respectively, the cooked up quantity is certainly a scalar.
Another crucial property, which I think has more direct physical content than the previous one, is that between two inertial frames, at least one such transformation should exist that leaves at least one metric invariant. i.e., There should exist at least one combination of transformation matrix $\displaystyle\frac{\partial{x^{\alpha}}}{\partial{x^{\mu '}}}$ and metric $g_{\alpha \beta \gamma}$ that satisfies the following equation:
$\displaystyle\frac{\partial{x^{\alpha}}}{\partial{x^{\mu '}}}\displaystyle\frac{\partial{x^{\beta}}}{\partial{x^{\nu '}}}\displaystyle\frac{\partial{x^{\gamma}}}{\partial{x^{\rho '}}} g_{\alpha \beta \gamma} - \delta_{\mu '}^{\alpha}\delta_{\nu '}^{\beta}\delta_{\rho '}^{\gamma} g_{\alpha \beta \gamma} =0$
The last thing I can think of that can put a restriction on the choice of a tensor as a metric is the existence of a possibility of finding a metric compatible symmetric connection field. Following the usual procedure of finding the expression for a metric compatible symmetric connection field, I reached following condition (unlike the case of the usual two rank metric where we get a full-fledged expression) for the connection in the terms of the metric:
$g_{\nu \rho k_1} \Gamma^{k_1}_{\mu \lambda} - g_{\lambda \mu k_2} \Gamma^{k_2}_{\rho \nu} = \displaystyle\frac{1}{2} (\partial_{\nu}g_{\rho \lambda \mu} + \partial_{\rho}g_{\lambda \mu \nu} - \partial_{\lambda}g_{\mu \nu \rho} - \partial_{\mu}g_{\nu \rho \lambda}) $
My question is that if it is possible to satisfy the two highlighted conditions then can we use such a 3 rank (or even higher rank tensors with similarly produced conditions) tensor fields as metric fields?
PS: This is NOT a proposal for a new home-production theory of gravity (or that of anything for that matter) but rather it is just that I am trying to understand why a two rank tensor is used in General Relativity as the metric. Thank you.