As far as what your range might be, I'd consider limping the CO & BTN w/ most of the Sklnasky-Malmuth Table (even though it's for FR LHE). Be reminded that you're looking for nuts or near-nuts holdings to play a big pot after the flop.

With big draws, which you'll be playing a ton more of, you want to keep the pot small by checking in position. Call villains' OOP bets when you have the right price to call; use pot odds.. Don't even think about implied odds after the flop for now.

Something to think about: a pre-flop implied odds situation
When holding a pocket pair, your odds to catch a set (or better) on the flop are 7.51:1 (Doyle Brunson's Super System: table XXV). If the pot is already 7.5x the current bet, implied odds don't play; you're priced in to call. If the pot is smaller than 8x, use implied odds (call it 8x to make it easier, and we err on the side of caution in our implied odds calculation):
8 * {bet} - pot = Z
The smaller of the 2 values (our stack) and (amount of villain's stack we can win if we catch a big hand) is Y
We want Z to be bigger than Y.