Well for one, I would not have put a starter motor to the engine before establishing I could turn it by wrench. The fact that it won't turn 360 degrees by hand tells me something is not mechanically timed or something is very internally wrong. Now assuming this engine has not been installed in the vehicle and the v/c and the oil pan are still off I would start by watching the timing chain, inspecting the timing marks as they go by, do they both line up? Other things to consider would be the oil pump/distributor spindle could be damaged or not installed properly, you may still have to remove the timing cover to get a good picture of what is happening. Something is binding for a fact.
If the pistons are hitting the valves then the timing chain is not on correctly and most likely everything needs to be dis-assembled for inspection now, piston tops, valves, ect. and checked for damage.
If the rods are not installed properly you should be able to detect that by watching the crank turn by hand.
At this point everything should only be turned by hand till you can establish what is causing the internals to hang up. You might have have to take the head off to inspect the pistons in motion.
How well did the previous owner know what he/she was doing? Why did they not finish the rebuild? Did they use new parts? Nissan parts? Did they use a guide for reference?
I would also suggest you get or read a Nissan truck FSM. At this point it may be better to establish what has been done to the engine that way you may be able to find where they ended or gave up. Either way you might be spending a little time with this engine to get it running. Search the KA forum for many already answered questions. Check
http://www.nicoclub.com/FSM for reference material, ask an online mechanic in their forum. You have many resources here to chose from. Time to roll up your sleeves and start examining things.
Good Luck Young Jedi