Where to start... After reading your post this product sounds like 1/2 dozen others that I have already heard about.
It sounds like the $100 might have been well spent, because it got you and a friend to start thinking about financial freedom and opportunities.
The "tips" you picked up are nothing more than what I have read in $20 "Rich Dad" books I picked up on Amazon... and BTW the whole Nevada LLC thing has been contradicted by every attorney I have ever mentioned it to.
If the program can pay for itself after "a few flips" -wow that is a lot. "A few flips" just to break even is no small task. I mean if a flip is $25,000 profit a few flips is $75,000- how long does it take you to make that much usually? Flipping houses is not a magically lucrative job, it is real work.
I would guarantee the info you would receive with this program is nothing more than you could find on this website, plus a few books. The networking opportunity that program provides, that can add value, but again networking with the right people is something you can do for free!
The ideas and info are not worthless, but they are practically free from other sources.