Update. I indexed the flywheel and discovered every cylinder was firing late. With a little heat I was able to move the magnet and got it close enough to fire it up and it sounded great. I decided to remove it and epoxy it and found it isn’t a solid magnet and it crumbled when I removed it. I ordered a flywheel so it appears my problem is solved. Thanks to everyone for all the help on this rebuild and troubleshooting.