That market is chosen because it is filled with properties that can generate the minimum cash flow (or profit if flipping) you decide you need (not want) to make.The market analysis you do will give you the answers to the questions you are posing here. 

I have chosen to rent for the next 12 months as I figure out where I want to live.

This credential enables somebody to prepare taxes and is perfect for somebody - like @Natalie Kolodij - who has chosen to focus solely on tax and tax strategy and isn't interested in audit, consulting, accounting, etc. 

I'd love to introduce you to some of my clients who have chosen to invested in Memphis Real Estate.Everyone I meet wants to be an investor.

There is a a huge monetary issue or time issue depending on what is chosen. 

The chosen comparable houses fell outside size range, location range and they had sold more than 6 months ago.

If you decide to work with a Realtor in your chosen area, would be good to use one that works with investors, or has done some investing themselves.

Put your first house under contract, in whatever manner is appropriate for the investing style you've chosen. 

5) Line 10A "Buyers Expense" - Which is normally chosen here in a typical wholesale deal...Attorney's Title Opinion or Commitment for issuance of a Title Insurance Policy?

My agent and I did but the houses we did put offers in on and I'd be one of the top offers but just not the chosen one.