225 Slant Six Crank but Won't Start (Fuel but No Spark, Dist. Rotor turns)

No such luck. I figured out the original timing mark on the pulley is accurate so I rotated the engine twice around until the dist rotor pointed to #1. Still won't fire up.

I think my problem is adjusting the distributor now. Does the rotor have to be dead on top of the #1 wire tower when you go to crank? What if it's right before the tower contact or right after the tower contact ( it would send spark to #2 first ).