I currently have a 24" HF torque wrench, which only gets used to check the lugs about a hundred miles after every summer/winter wheel change. I will start by looking for a smaller, high quality one to start, because I think it is a safe assumption that the correct torque (ei - not over torquing) is more important for smaller nuts and bolts vs the lugs.
I am well aware of cross threading issues. One of the repairs done to my car was a hub replacement courtesy of a tire change where they just went right for it with the impact gun, it cost them $800 at the dealer.
I am making a list of all the recommended tools/brands mentioned and plan to acquire them as I go, thanks again for all the recommendations/suggestions!