There are several different workflows you can take on depending on what you to do. My test was only to prove that you can take a sequence of mixed frame rates and resolutions via AAF to Resolve, conform, and color correct and send back same frame rate and resolution using the source clip method. This can be done by editing AMA natively the whole time, or via a transcode. It shows that in all instances the source file, resolution, and frame rate are perfectly maintained.
As far as transcoding and you want to transcode to a higher DNxHR resolution, you need to be in a non HD project. WHy? I don’t know, kinda stupid. But since I was showing a conform back to camera originals, I was fine with DNxHR LB which is available directly from my HD project and preserves frame rate and source irresolution, but only as DNxHR LB.
I then exported an AAF from the AMA linked media as well as one from the transcode media and both imported, and conformed. I color corrected and crated new DNxHR media, but this time high quality DNxHR HQ from Resolve as these are now my new masters. Brought them back into Media Composer and original sequence relinks for me to whatever finishing I may need to get done. This assume MC is the final step in mastering and delivering. There will still be a final frame rate conversion done to whatever your delivery is going to be.
Michael