Figured i'd come to your thread and give you an official welcome to BRS!!! :w
A 29g is roughly 30 1/4 x 12 1/2 x 18 3/4 (I had a 29g as my last tank)
If I were you, I would put the overflow on the back wall on either the far left or far right side.
I believe most DIY kits ask or an inch or two space between the box and edge of the tank. You'd have to look into that.
I went with a glass-holes kit. Easy to drill the tank, easy to install. No leaks.
Hated the overflow at first, ran way less flow than what it was rated for (running ~300-350 and plan to go to 200gph) and it's much quieter now and I love it.
I'm personally not a fan of middle overflows for various reasons I could get into later if need be.
If you drill the bottom, a corner would work nicely.
+1 to what John said about a corner or end due to such a small width.
Since you said "if you were me" i'm gonna say this:
700gph glass-holes kit installed on far left or right back wall.
1-1/2" spa flex pvc to 20g sump with 3 baffles after the skimmer, a return section, then a refugium fed by a T line on the return like I have.
A Sicce Sunchra 1.0 or 1.5 return pump (251-357gph respectively)
A oversized ball valve on the two lines T'ed from the return.
An oversized check valve to disable water from entering the sump from the display/return line during power outtage.
3/4 return kit back into the tank installed on back side wall opposite end from the overflow.
That's just me though and as mentioned, there are many many ways, none specifically the right or wrong way (well, there ARE wrong ways...)
But it's also really just preference.
I have no experience with overflows where the hole is in the bottom of the tank so I can't help you out there.
Regardless your decision, I wish you the best of luck, and happy reefing Greg! :encouragement: