Alright, So I went to troubleshoot Friday and with my multimeter started pulling things apart and testing. Below is an image of the carb and the area where I can see gas drip out after trying to start the engine. It drips down the center to the bottom, but stops a few seconds after unsuccessfully starting. I dont believe the carb is the issue I will explain...
So as I'm pulling things apart I started with the battery which had a great reading. Next was the starter motor which had full power running to it. The solenoid had a great reading going to the main distributor wire (red arrow). Had full power at the purple and grey wires going to distributor. I am not sure how to test if power is running through the main distributor wire from solenoid to distributor.
Next, I had a faint reading on the grey/white and grey/black wires(yellow circle) but only got the reading and it faided out could not get it again. I unplug (green #1) to try and test and I really am not sure how to get a reading through any of the wires from solenoid. I tried positive inside and ground my meter but nothing. I did originally have four new cylinder wires, but not main distributor wire from solenoid connected, I put old ones back on after thinking maybe new ones were the issue. So at this point I plug everything back together. The boat fires up effortlessly and runs extremely smooth several times as if nothing was ever wrong. So I did not have time to go for a ride that day. Went Sunday tried to start, WOT this time, and it started but as I eased the throttle engine stopped and would not start again. I tinkered with wires on the top of distributor a couples times and twice it started, but again eased off throttle and engine stopped. After this, the engine would not start at all and im back to square one. For some reason, I believe the main distributor wire or distributor is the issue. I have not taken the distributor cap off at this point, it was replaced by previous owner. How can I test if the cap is bad? Also, If I take it off what should I look for? I was told my 3.0 HO engine does not have points or condensor