Fixed it! It was a fuel delivery problem. I had checked this previously but never pulled the fuel hose off at the carb to see if it was coming out when primed. It wasn't. So I pulled the pressure hose of the muffler and blew into it and sure enough fuel came out no problem. So I attached the glow plug starter and blew in some fuel and first pull it started!!! I attached the pressure line back to the muffler and drove it around for bit. Made some high and low speed needle adjustments and it run great. I have always been impressed how this little .12 in a 1/10 scaled runs. It is very similar to my 1/8 scale with a .28.

I hope this post helps others with a similar problem!