Depends on how much you thinned the paint.
But if you want to spray fine lines, elementary logic screams for tip
#1.
You might also try adding some acrylic retardant to the paint to prevent it from drying too fast.
Depends on how much you thinned the paint.

BUT... to get a fine line, you have to spray at a close distance and a low pressure will help avoid paint streaks.
If you want a sharp edge, place the masks directly on the model or, if you want a slightly fuzzy edge, glue them with blutack, ar anything else that is about 1-2mm thick, so that the edges of the mask do not come in contact with the model. Then spray paint from about 10-15cm.
Practice, practice, practice.
Put your model aside for a while, get some plastic bottles, white paper or whatever and practice airbrushing small dots, fine lines, tiny dots, even finer lines. Again and again and again.