1st time starting issues
At this point the timing should be close enough to fire the engine. You may have to adjust it some. The original post mentioned the engine spitting fuel out the carb. If it still does that, I would then recheck the valve lash. There are numerous threads about how to do it.
1. check for vacuum leaks. for instance, missing pipe plugs on the carb somewhere, something not hooked up, etc. you need to have all the holes plugged to get a good vacuum signal to the carb.
2. as everyone else has said, double check the timing. when I start an engine for the first time, I'll go through it like this... rocker adjustment 1/8 crank turn at a time until the rockers are all seated, then find compression stroke and set TDC on crank. with timing mark still at TDC, drop your dist. in according to proper alignment procedures.
next, with the dist in approximate 0deg position, turn the crank until the timing mark lines up with your desired initial timing (14-18deg depending on setup). now, pull the cap off the dist and set the dist body position so that the tiny triangle things line up. i don't know what they're actually called. get this as close as possible, tighten the dist. clamp down so the body is snug, but you can still turn the body if you need to adjust during startup. reassemble the cap.
what you should have at this point, is the engine on compression stroke, lined up 14-18 deg before TDC. the dist is in a position to where if the coil had charge, it would be firing at #1 cyl.
from there, as long as you have all the parts in your dist (you said HEI, right?) you should be able to get the thing started, with or without your vac. adv. can attached. besides, you're going to be revving it up during cam break in so you don't need the vac can for idle behavior (yet).
this is of course assuming you have fuel delivery. what sort of initial settings do you have on the carburetor?
good luck man, first starts are always nerve racking... the more you do, the more easy it becomes.
the blonde weasel
If I remember correctly....The distributor rotates past the number one position twice; once during the compresssion stroke and once when the piston is at Bottom Dead Center.
But if you are certain that you are at TDP, then there is something else causing your problem, which other members have alluded to, such as cam sprockets not lining up, or timing way off.....
However; I hope that you have solved your problem by now











