Re: 17 or 19 Pitch
Well, Cordell! My combo was an 18 foot closed bow Renken with a Chrysler 85. It went 29-30 with a 17 pitch prop as I remember. Your 85 will most probably be happier with the 17 pitch---although the 19 is not out of the question. It will load the engine down below the recommended full throttle RPM and top speed will probably be less, but for cruising, it will act a bit like overdrive and give just a little better fuel milage.
Try the boat with and without the hydrofoil. Some boats absolutely need them to get out of the hole. Others -- it just made the previous owner feel better. If your trim is working and the hull is not *** heavy, you most likely will not need it.
On some boats it will have no effect on speed, on others it will rob up to 5 MPH. You won't know until you try it each way.
I think with that engine and boat combo, 34 is a little optimistic. 32 would be more like it--with average to light load.