Thanks for the info guys, just got back from florida, hot !!! here in tn. Hot and humid !! Took off the valve cover, clean as can be. Did a compression test, not bad , no big holes. I think the guy put a used motor in , painted it.
I think all the smoke is from the exhaust pipe and muffler from the old engine that oiled it down from the inside, that would explain why it smokes after it gets heated up, the oil starts burning from the inside.
Po ol Davie
Sparta , Tn.