The basics...
You are going counter-clockwise on the cap for the firing order?
You know that Ford numbers cylinders different than most any other auto maker? Passenger side is 1-4, driver side is 5-8. Not an odd bank and an even bank like other number it.
#1 TDC, You know there are two different TDCs. One at the top of compression, the other at the top of exhaust.
Deeper than the basics. What do you have for cam and heads? There is a chance you have adjustable valve train but tightened the rockers as positive stop. Holding the valves open and not building compression. This can also happen with machined heads or even mix and matched heads and pushrods. There are a couple different length of stock pushrods that go with different heads and rockers. If you have the lifters bottomed out and the valve is head slightly open you can't build enough compression at cranking speed to start the engine. Do you have a compression tester? Check a couple holes. IF you are getting strong compression in more than 3, you can quit. If they are weak in more than 3, you have build issues.
What are you running for ignition system? Was it running with this before or any parts new?
Is the fuel actually fuel? Did you get some rain into the gas tank while the engine was being rebuilt? Drain the carb completely, fill with some 2-stroke premix (as much as you are cranking on this a little 2-stroke in the fuel will be friendly to the new cylinder walls).