Hero ?

OR is playing 37/21/7 and the short stack 86/48/23 (the short stack posted)

Had this spot a few times recently where I have 4 connected low cards that are doubled suited, but felt that all my options are pretty poor and lead to situations where basically I get it in bad if I don't play the hand very passively (bitter)!  

What do people think in this kind of situation, I seem to lean towards seeing a flop and then playing the hand pretty passive unless I flop massive (as the FD have very little value multiway)? I can't add a spoiler but that is what I did in this hand (peeled then check-folded flop)

Is this hand a lot weaker than I am perceiving it preflop...what kind of situations would this hand be good to 3 bet with and what time peel with? 

All feedback appreciated :)

Steve