plugs are way off
just put together the same motor for my brother and fired it for 1st weekend.
He torched it from overheating on a lake last winter.
From the looks of your plugs you have some kind of a lean problem with the white plug side. Even with way to lean jets you won't hurt this motor on a parking lot test ride.
Check to make sure carbs are clean, jets clean and clear, needle in? middle position if nothing else, and engine should idle fine and steady rpm, if it high idles likely an air leak somewhere......can be engine cases, carb boots, main seal, reed valve frames. Start up after rebuilt, hold oil pump wide open with wire with hook in end until the engine smokes the neighborhood at an idle so you know oil is flowing. make sure each oil line is open as I've seen them melted on the back of the engine, appear ok but and hardly passing oil from past abuse.
After 5 min idle make sure you have coolant flowing and make sure you've checked the thermostat, after a hot seizure you often find the thermostat stuck open or closed due to the stainless pin cockeyed in the pellet. Stuck closed they obviously overheat, stuck open you will have seemingly erratic jetting and poor warm up and sometimes cold seizures.
But with that white plug don't go to the trail or you may be buying a motor.
Take out the plugs, have bud pull the engine over fast and watch clutch and crank, usuallyout of phase or bent, it just won't look nice and concentric and you better scramble for a dial indicator.
Bad fuel pump, bad gas, crap in carb you won't seize it with a gentle parking lot test, just don't hammer it to try and clean things out, motors don't fix themsleves, if it doesn't seem right, it taint right!
When I earned a living saving sled motors, the quickie lower end job is, upside down with the high pressure washing wand, irrigate it until you are tired and wet, let the water drain out, blow it with air, spray it down with starting fluid, and work some Justus Bros. assembly oil into bearing, assemble it within an hour and fire the old girl up. Warn the rest of the guys in the shop cuase the smoke and steam will be ample. Not what I recomended to customers, but sometimes the wallet is the deciding factor.