Thanks for the reply burtshaver2021. pretty close to the right recap. I rebuilt the engine a year ago (top and bottom), new hoses all around. had it running perfect out of the water. ran it in water ran fine at first, then would start harder, then eventually wouldn't start.
couldn't get it to turn over, discovered the starter was likely the culprit, but fried the battery and the solenoid. replaced the battery and the solenoid this fall, rebuilt the starter. so we're good there. went to start again out of the water and running rough. pulled the rotary cover off, and had way too much clearance. explains the hard start in the water. so I purchased a new cover from SBT, sent in my old core, thinking this should finally do it. put it all back together, fired once great, now i can't get it to start at all. Compression is good, its possible I am off a tooth on the rotary valve, so I may need to open it up again to check. I haven't rebuilt the carbs, but I did have it running perfectly not too long ago, so I don't think its the carbs. its possible i missed something when I put the rotarty cover back on and I'm getting an air leak.
I think I'm going to first check my install of the rotarty valve cover and the timing, mkae sure thats good. also replacing the spark plugs and boots. Then if all that checks out and still having hard start, I will move to rebuilding carbs.
Any other advice?