I'm anal but I don't like to see any loss, small intake side leak that minimal no biggie, small crank seal or case mating surface big deal. I see sooooo many of these engines go together with terrible cleaning practices and prep . I'm not saying it's a seal at all but I've seen at least 15 motors test good in one crank position then rotate it and it's no Bueno . I've also seen a motor test good on bench but have a semi bad oring in the head and would only let a lil anti freeze in when cylinder was building max pressure then was fine again. I've seen motors with low static pressure but high uccr lift the head because of a lil deto and cause a coolant interference with symptoms like yours . It could be as simple as wrong needle . Could be 1000 things that's why I start with basics
1- get motor to hold air with no leaks
2- put timing at zero to start
3- new plugs
4- electronics test in your case get a known good coil that test out
5- fresh fuel
6- set slides even with proper cable play without idle screws in
7- install idle screw and set sync to 5 cfm with vacuum gauge
8- make sure exhaust packing is good
9- make sure carb clamps get tight enouph to not allow leaks
10- gap plugs
11- make sure exhaust orings are good by head mount