Okay guys, here's the deal.
I pressurized the system and found water in the cylinders. Not much, but obviously enough. I am suspecting a head gasket job. Lots of smoke comes out the back now, more after adding the pressure. So I'm certain I have to pull the head.
So I'm at least going to do that. I bought an extra cyl. head for insurance and I'll buy the head gasket this week. I have a few questions though. The person I need to have do this job isn't immediately available, I think because of finals coming up (college student). Anyway, he's the only way I can get this done because he's so much cheaper. How long can I safely run with this condition before I do damage to the engine? I know if it overheats I could crack or warp the head, but I have that extra as insurance for that reason. But is there other damage I could do that would be irreparable or super-expensive?
Here's the other question. Should I think about doing a full or partial rebuild? If so, which one? I think I am burning some oil, but it could just be valve guide seals because I only see the smoke in the morning. But a while ago when I had my cold starting problem when cold a shop told me it was likely carbon buildup and they recommended new valve lifters and a valve job. I'm starting to wonder if the cold start problem is just related to the coolant issue and maybe this diagnosis was wrong...
Any ideas? Thanks!