I think you’re doing all the right things there sofar except maybe the getting hot bit.
Check the service manual to see how the cooling system sposda work—it doesn’t have a cooling fan and likely not an overheat protection system but should have a hot light.
Test the oil temp sensor to see if it works
What carb number is it? QB01A? Does the choke work on the carb? If it sputters when warm then maybe not or pilot screw too far out.
Did you assemble the pilot screw in the right order? Tiny oring on top, tiny washer, tiny spring
Check the service manual to see how the cooling system sposda work—it doesn’t have a cooling fan and likely not an overheat protection system but should have a hot light.
Test the oil temp sensor to see if it works
What carb number is it? QB01A? Does the choke work on the carb? If it sputters when warm then maybe not or pilot screw too far out.
Did you assemble the pilot screw in the right order? Tiny oring on top, tiny washer, tiny spring