They will go up to 80% so long as you have no more than 4 financed properties.

I would look for fixed interest under 10% but preferably under 6% and a purchase price no more than similar houses in the neighborhood on the MLS (you could look on zillow or realtor at properties nearby similar size/condition).  

Wether I stop now and buy no more, or not, all my current loans will pay off within  5-10 years.

I can safely say, that no more than 20% of the homes in the town are in disrepair. 

IMO no. More

Most do not even bother to learn their state landlord tenant regulations let alone care about legal issues regarding the operation of a business they treat as no more than a hobby. 

The loan was limited to 50k and no more than 50 percent of the balance of my 401 could be borrowed.

It's a real estate pep rally and they definitely push their own product hard, but I wouldn't call it a scam - no more than I would call P90X or a membership to Gold's Gym a scam. 

My ideal budget would be no more than $300K, but at that amount I am looking to make a good $800.00 in profit monthly if rented out.

But I moved on a few years ago thinking that there were no more real F&F and B&H opps.