Both fertility and intelligence are not as simple as the color of someones eyes. Lots of genes play a role, so the combination of two favorable gene-sets does not necessarily lead to a still favorable gene-set. Therefore, there always seems to be a "regression toward the mean", so don't worry, one or two generations cancel out all "preexisting conditions". Therefore, in every practical sense, both the heritability of intelligence as well as the heritability of fertility are negligible compared to other factors.
Of course children of more intelligent parents tend to get a better education, for example, i.e. those children can develop more of their potential, but here we're back to environmental parameters. But hey, this is good news, because it also works the other way around - dumb parents can have smart kids! So even if dumb people breed like rabbits, we just gotta make sure schools are properly funded to educate those children properly so they can develop their potential!