OK? or big leak?

Party Poker 2/4 Hold'em (7 handed)

Preflop: scgolfer is BB with K:spade:, Q:diamond:.
UTG folds, MP1 calls, MP2 folds, CO folds, Button calls, SB raises, scgolfer calls, MP1 calls, Button calls.

Flop: (8 SB) 7:heart:, T:diamond:, J:heart: (4 players)
SB bets, scgolfer raises, MP1 3-bets, Button caps, SB calls, scgolfer calls, MP1 calls.

Turn: (12 BB) 3:diamond: (4 players)
SB bets, scgolfer calls, MP1 raises, Button calls, SB 3-bets, scgolfer calls, MP1 caps, Button calls, SB calls, scgolfer calls.

River: (28 BB) 5:spade: (4 players)
SB bets, scgolfer folds, MP1 calls $3.50 (All-In), Button folds.

Final Pot: 29.87 BB

I think you can fold the flop to the cap as you only have 6 clean outs which still might not be the best hand at the river.

Not sure about the flop, the implied odds might be there. Turn is an easy fold though...

Preflop:
I personally dont like the preflop raise however for an extra $2, the pot is giving you 7:1 odds for seeing the flop with KQ so it might be ok. I would be more incline to call the raise with less ppl in.

Flop:
Ok, straight draw, 2 overcards, early position, and a possible flush draw from opps. I think you have a good drawing hand, not great though. Better if you were in position and rainbow flop.... In anycase I wouldnt be encouraging bets (raising) in your situation. I am guessing your raising to thin the field and play your draw and 2-overcards? Maybe if there were 2opps or if you were in position. But I dont think you have the best hand on the flop and raise seems counter productive. My goal would be to see the turn and river cheaply and avoid hearts. You cant be very comfortable with any heart that pairs your overcards or makes your straight.

I think I would call the initial bet. Assuming they cap before it gets back to you, you will also need to put in another $6 in a $34. I think the pot odds are there to call for a open ended straight draw, but the strong raising, plus the hearts, plus out of position, I would just fold the hand. I would stay in with maybe 1-raise on the flop and turn

I would rather spend my money betting monsters than chasing these draws...

In retrospect I agree with all, too aggressive without enough outs. TY