One would learn more just by reading these forums and absorbing the knowledge and experience from the people who've done this before.A book is fine, these books are based off what? 

Both Indianapolis and Louisville are excellent markets to consider—affordable entry points, landlord-friendly laws, and steady rental demand.Since your background is in data science and analytics, you already have a strong foundation for analyzing deals.

@Eric L ConryI would base it on your cash flow NEEDS, not wants.

As I start to look at what sub-contractors I want to use I wanted to see if anyone has a good base template for sub contractors to sign?

I would be apprehensive to use it, however, with people without strong, reliable incomes and wealth.

Without a firm base and working familiarity with these three areas the investor will not have the knowledge to analyze, negotiate and close advantageous real estate transactions. 2- Experience - the first few deals are likely to be smaller, harder, with more “surprises” and not as profitable as the investor imagined.

I'm an investor and Realtor based in Central NJ. 

A business partner approached me about it, and I negotiated the deal based on CAP rate.

Based on your first fix/flip, it sounds as if you don't have any issues doing moderate rehab.

I'm not saying "wow, what a deal" or to copy this I'm just saying when compared to SFH or continuing to rent, the 2-4 unit househack is very appealing and thus demand is strong.