[W. Deranged]

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The answers to your first two questions are interrelated and given you have underrepresented your hand by not capping preflop capping the flop is just right IMO. I think it changes if you cap preflop and the action proceeds in a similar fashion then I think calling CO's 3-bet would be best.

As for the turn action I think I like calling with the plan to not overcall on the river UI (in which you have 2 Q outs and probably have the remaining 2s and 4s as outs to counterfeit a two pair hand).

Thinking about it more EP cold calling two means he has a T or worse the majority of time so him calling in between you and UTG1 doesn't mean much. I'm not sure about the river now as given the pot size an overplayed KT/AT is enough of a possibility to warrant a call right?

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I personally don't think the difference between calling and overcalling the river is significant here.

If he's calling two cold on the turn with a draw, he'll fold the river if missed and probably raise if hit.

If he's calling two with some made hand and not showing any aggression, unless he's a real passive type he probably has no better than a T. I don't see him turning over bottom set or something like that.

So if I'm calling I'm overcalling. The intermediate player is winning this almost never (like 5% maybe) unless he raises, in my opinion.