At least a bi-metal blade--at best a carbide tipped blade.
The number of teeth per inch is dependent on how thick the thing you are cutting is.
I use Lennox bimetal blades, typically 11-14.
We might be playing a game of semantics here, but my interpretation of "thickness" is the amount of material measured vertically from the top to the bottom. The width of the material is the amount in the horizontal plane i.e. from left to right.
When choosing a bandsaw blade the rule of thumb for TPI it that there should be a minimum of 3 teeth engaged at all times to avoid breaking off (stripping) a tooth and a maximum of 24 teeth (to avoid loading the gullets to the point of damaging the blade.
If the material to be cut is 1" wide (using my interpretation) and 12" from top to bottom (thickness by my interpretation) you could use a blade anywhere from 3TPI to 24 TPI. In this case I would opt for about a 6TPI blade (if I had one) for speed, and being assured there would be sufficient teeth in the material to avoid stripping a tooth. This would also satisfy the "less than 24 teeth engagement rule and allow the gullets to thoroughly clean themselves on exit of the material.
On the other hand if cutting stock 12" wide, and 1" thick (by my interpretation) the TPI would have to be in the 2 TPI range. I am not aware of any blades standard with less than 3TPI.
Again this may be old school, but I was always taught to to cut stock in a bandsaw with the thinner surface facing the blade. Cutting the afore mentioned 1" x 12" stock on a horizontal saw the stock would be positioned standing on the 1" surface making the thickness 12" and the width 1". On a vertical saw the stock would be placed in the opposite orientation with the 1" edge facing the blade. The blade would be cutting on the same surface as the horizontal saw. In this case the stock would be seen as 1" thick and 12" wide.
If you're not confused by now you're a better man than I. The key thing I was taught to remember is the thinnest side of the stock "is supposed to" face the blade.
As to the reality of the situation I have sinned countless numbers of times. Both in TPI selection, and orientation of the stock. Sometimes it's a real PITA to have to change out a blade just to make 1 cut. You put the stock in place, hold your breath, and start cutting. If you're cutting wide stock with a high TPI blade be sure to clean the gullets as they leave the stock. A built in brush saves a lot of time, effort, and blades. Fortunately I don't have any bandsaw blades in the 3 or 4 TPI range, so I rarely have problems with blade selection for narrower stock.
One (somewhat) valid reason for allowing the widest side of the stock to face the blade (on a horizontal saw) is that if you lower the blade with minimal pressure you will minimize the top to bottom wander of the cut. I have seen (horizontal) saws with bearings so worn that there will be as much as 1/2" runout in a 1" x 6" piece of stock when the stock is placed in the vise with the 1" side facing the blade. With the 6" side facing the blade there will be only a few thousandths runout.