Species Counterpoint Theory ThingsWilliam Wieland
Melodic Motion in the Counterpoint — mostly stepwise
— Do not immediately repeat pitches.
— You may write 3rds, P4s, P5s, mi6s (ascending only), and P8s.
— Precede and follow large leaps by step in the opposite direction.
  (P5, mi6, and P8 are large leaps.)
— If you write 2 leaps in a row in one direction,
  outline a major or minor triad.
— Write no more than 2 leaps in a row in one direction.
— Do not write an exposed tritone.
— Use the highest and lowest note only once.

Counterpoint principles common to all species
— Usually begin with a P1 or P8 between the 2 parts.
  You may also begin with a P5 above the cantus firmus.
— Keep the 2 parts within a 10th of each other.
— Favor contrary motion.
— Write no perfect parallel motion.
— Write no more than 3 parallel 3rds or parallel 6ths in a row.
— You may write in similar motion to a 3rd or 6th,
  but not to a perfect or dissonant interval.
— End with a P1 or P8.
— End “ti–do” in one part and “re–do” in the other. Exception: If E
  is the final pitch, end “F–E” in one part and “D–E” in the other.
First Species — all whole notes (except the last note)
— Write only consonances: P1, P5, P8, mi3, M3, mi6, and M6.

Second Species — all half notes (except the last note)
— You may begin with a half rest.
— In addition to consonances, you may write
  passing tones and neighbor tones on weak beats.
— Do not write parallel unisons, fifths, or octaves
  on successive downbeats.

Third Species — all quarter notes (except the last note)
— You may begin with a quarter rest.
— In addition to consonances, passing tones and neighbor tones,
  you may write nota cambiata and double neighbor tones.
— Begin each measure with a consonance.
— Do not write parallel unisons, fifths, or octaves
  on successive downbeats.

Fourth Species — all half notes tied across the barlines
    (except the last note)
— Begin with a half rest.
— In addition to consonances, you may write suspensions,
7-6, 4-3, and (rarely) 9-8 above the cantus firmus and
2-3 and (rarely) 4-5 below the cantus firmus.
  (In all suspensions, write the dissonance on a downbeat.)
— Precede the last note with an untied half note.

Open Music Theory is a great online resource.