This is a $1/2 limit hold'em table that is somewhat tight. MP3 is known to be semi-loose aggressive. Button is tighter and realizes that MP3 is loose-aggressivish. Can I get suggestions on how to play the king of clubs on the flush draw when at least one of the players has a legitimate hand and I'm paying a large price to hit?

Party Poker 1/2 Hold'em (9 max, 9 handed) converter

Preflop: Hero is MP1 with , .
2 folds, Hero calls, 1 fold, MP3 calls, 1 fold, Button raises, 1 fold, BB calls, Hero calls, MP3 calls.

Flop: (8.50 SB) , , (4 players)
BB checks, Hero checks, MP3 bets, Button raises, BB folds, Hero calls, MP3 3-bets, Button calls, Hero calls.

Turn: (8.75 BB) (3 players)
Hero checks, MP3 bets, Button raises, Hero folds, MP3 3-bets, Button calls.

River: (14.75 BB) (2 players)
MP3 bets, Button calls.

Final Pot: 16.75 BB

I was going to limp/call because the person to my left raises about 25 percent of the time preflop. So I would conceive the person to my left playing the naked ace and the nut flush the same. The other player is tighter so I put him on a decent hand. I folded here on the turn because I expected the turn to be at least 3-bet and I wasn't going to draw to a hand that may lose. The tighter player's preflop raise made it possible he had the nut flush or he may have had a set and had a better draw. Is any of that thinking correct?

So against a very loose raiser (PFR > 20%) to my immediate left who is fairly aggressive postflop, what hands should I play and how should I play them?

You should post that as a seperate topic.