Hi, I'm new here, so quick intro 1st, been on 2002Faq for awhile, owned 2002's since late 1979, have an E28 w/M20 also, familiar with engine repairs etc, doing my own maintenance last 20 years, so have adequate tools & experience, but I'm new to the M42. I just bought a "does not start" 91 318is, have been reading up as much as possible & have the electrical ETM & the E30 factory manual. Am looking forward to getting this M42 to run, & may have to pull the head & do a valve job is the way it's looking, but want to ask for some help here before I get to that point. Short list of what I have done so far:
1. fuel pump, gets power when cranking,
2. checked for spark on plug # 1, Great w/new plug laying on intake
3. checked compression, was 0 on all 4 cylinders
4. Stomp test, only engine code was 1444, no problem there.
5. Pulled valve cover to check cam timing, put long screwdriver into cyl 1, cranked by hand to set TDC, noticed the arrows on cams don't point straight up, they are to the left of pointing straight up. If I turn crank to where arrows are straight up, the #1 piston moves down about 5/8" (put mark on screwdriver for reference). I have 3 pics to attach for reference.
My guess is someone screwed with the tensioner, or the cam timing, or something to make it this far off. Supposedly the car simply stopped running one day, no overheat etc... Oil & coolant look fine. There is a receipt for service done in past few months from reputable BMW shop & the tensioner was replaced. I circled in red the pointers I see on sprockets, this is what I am supposed to use as reference, right ?
Also you can see the intake sprocket has been adjusted far to one side to retard the cam I am guessing. Is this acceptable ?
Should those bolts be dead center from the factory or is this a common tweak for power or ?
Also since reading about the loose bolts in the uper pan thread & loosing oil pressure, is it possible the tensioner could loose enough tension when that happens for the chain to jump ?
1st photo is Gears at TDC

2nd photo is #1 piston 1/2inch down from TDC to get pointers on gears close to straight up.
