Plus, you'll have the added benefit of knowing how to better manage money and be diligent to sticking to a budget and financial goals.Now, if you are dead set on starting a business right away you do have some options.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookDownload BP’s newest book here some good due diligence and what goes on at a REIA meeting in Chapter 10.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookCouple good reads  9 Reasons You Couldn't Find A Buyer For Your Wholesale Deal Don't Start Wholesaling Until You Read This: Wholesale Advice from a Fix and Flipper How to Start Wholesaling: Getting Past The Education and Into the FieldDownload BP’s newest book here some good due diligence in Chapter 10.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookDownload BP’s newest book here some good due diligence in Chapter 10.

You have to do due diligence and prove to the court that you looked high and low before they'll just let you substitute service.

There is no substitute for due diligence!!  

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.Download BP’s newest book here some good due diligence in Chapter 10.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookDownload BP’s newest book here some good due diligence in Chapter 10.

Aside the usual due diligence/screening and placement of tenants, payment of property taxes etc, what are other items I need to point out to him during our meeting?

You can gain some time on your purchase if you want to go under contract before your sale occurs by using longer due diligence periods, or extended closing dates with additional earnest monies down (if you use your own funds for this they can be returned at closing so only the exchange proceeds go forward).You can also generate some wiggle room on your sale by pricing and evaluating offers that come in.