I still cannot get the engine running, I do compression, I open the throttle body a little bit and a do get a little thumping sound from the exhaust pipe. I have spark, but it will not fire any other suggestions. I am missing something?
Maybe you should remove the fuel injector, keep it connected to the fuel line, swing the engine by using the starter button - and see if a fine fuel spray is coming from the injector when the engine is swinging. I have no experience with scooters like yours - but that’s what I would do.
You could also just unscrew the spark plug to see if it looks “whet†after the engine was swinging a couple of times. If the spark plug looks “dryâ€, you obviously have a fuel supply problem, or maybe a clogged injector.
This scooter hasn't been used for quite some time, and I wouldn't be surprised if you are having a fuel problem.
The previous owner probably fiddled with valve clearances before, and just didn't manage to get the settings right. I wouldn't be too worried about it. The recommended clearance gap is very small, and even an expert can make a mistake with such small clearance gaps.
Good luck, I think you probably bought one of the biggest bargains in a lifetime.