Another update
So like I mentioned before, I replaced the fuel filter. And again still no start. It sounds like it cranks just like it should but just won't catch. My last ditch effort to a simple solution was to replace the Crank Angle Sensor (CAS) on the distributor. This task was easy enough and when I put the distributor back together I timed the ignition again just to be sure it was correct. I tried another start, and again, nada!
I removed spark plug #1 to inspect it and there is oil on the tip (which I will admit, there was oil on the old spark plugs too) but the car started before. I also noticed that the side electrode was bent, to the point that I could not even fit my gap tool into the plug. Now I was getting nervous! I checked the other plugs and they were all healthy with the exception of a small amount of oil, but to physical damage. I'm hoping this was merely damaged in shipping. I ordered them from Amazon and they sent them in an envelope and the boxes were very beat up. I will admit that I did not check the gap on these because NGK pregaps them, but I should have checked.
Just to rule out my worst nightmare, I checked the timing belt and fortunately it looks healthy. The pte ious owner had it replaced less than 10k miles ago.
I'm wondering if the turbo is shot... not only is there oil on the tips of the plugs but there is oil in my intercooler piping. It is the original T3 Garrett and it has over 100k miles on it. The previous owner drove this thing pretty hard too. Hopefully I can get to the bottom of this. Not sure why it's not starting. Could a failed turbo cause the car to not start at all??? It still just seems weird to me that it started fine before I changed those valve cover gaskets and now, this