IF your goal is to become a millionaire, Dave Ramsey indicates he has done the biggest study of them and they don't talk about how they leveraged "cheap money" to obtain a great ROI. 

If anyone has any insight or suggestions on whether to obtain lending from Canadian or American Banks it would be greatly appreciated.Also my wife is an American citizen.

They can provide specific insights based on current market conditions and help you make informed decisions aligned with your goals.

I mean what value does he provide?

You should be thankful that they provided you with a well defined reason and provided context to what is happening with the investment.

Does Lender need a lending license to provide a private loan for a residential property in Texas, considering both the lender  and the borrower are California residents?

I've already obtained a 5% down conventional pre-approval and am working with a local (Ann Arbor, MI), investor-friendly realtor to find deals.

Rental properties can indeed provide a steady income stream, and it's fantastic that you're exploring this avenue.Here are a few considerations and steps you might want to take as you move forward:Market research: Keep looking at possible multifamily buildings in the Augusta, Georgia region.

LOL.There’s a WORSE WAY and a BEST WAY to try to obtain items 1-4 aboveBEST WAY: College or Professional Association courses in real estate (real estate license course as a base) and work experience for a REIT or other professional real estate organization and capital saved or equity raised from private parties with a MODERATE amount of debt leverage and or utilizing creative financing with low interest rate debt (may be highly leverage)WORSE WAY; Any guru courses or mentorship’s combine with high interest debt. 

Any insight provided would be greatly appreciated!