I like the direction you're thinking after each flop. Most people don't properly assess postflop implied odds. Of course, this hand is a very bad implied odds situation, even if the villain has a set.

The fact is it is proper to overpay for certain draws on certain boards against certain players with certain ranges. This is very generally stated, but that's just how it works. It's a very robust topic to be certain.

You can also improve your own implied odds. I do this by floating a phantom flush draw early in a session in position against someone who both won't semi bluff OOP, and is capable of folding. When 3 to a suit hits, raise that sucker hard, and show complete garbage. IMO this sets up implied odds for your made flushes against every person at the table. Getting implied odds for a future flush or two is VERY valuable. Flushes rarely pay off as you know, so valuewise this is a big deal for your sessions.

I was in a tournament two nights ago, and in a hand with Action Jeff Garza. I raised a flushing turn hard in position, made him fold and showed him garbage. A few hands later he payed off my set with half his stack holding second pair 4 kicker.