0 to -2 is way too low/retarded. Many vehicles start to backfire thru the intake at that setting. Typically you are around 4-8*. What is the book spec? Are you sure the pointer on the crank is installed correctly, not bent? Is the dampener with the mark on it installed correctly onto the crank? Are you using a timing gun that is adjustable? If so is it zeroed?
I'm guessing something is off. Recheck that you have the correct firing order and plug routing. I have seen where someone has plugged the wires into the dist one hole off and caused some really weird timing issues but it did run.
Check that the dist is installed correctly, it runs on a gear hooked to the cam, its sometimes hard to get it lined up properly, especially if there is a slot drive on the bottom for the oil pump.
Lastly, you may need to pull the timing cover and check the timing chain alignment.
When you did your rebuild did you have the block decked or the head shaved? Did you use regular pistons or domed pistons? If you had a lot taken off of the block AND head or used domed pistons you could have ended up with a motor with really high compression ratio.
You should be able to get it to run fine on good quality regular gas.