Reply to dpendzic:
First check if you are getting spark to your spark plugs--if so your mag is working--open a bleeder valve on the fuel filter and if you have flow then the line, valve, filter and transfer pump are allowing fuel to flow. open the drain plug on the bottom of the carb bowl and see if fuel flows--if not then clean gas tank, line, filter, and then clean carb, it may not need a rebuild.
My 10 cents worth........
Pull it off, get it loaded, leave it running on the truck if necessary, bring it home, park it where you want it and then go to work on it. It's a lot simpler that way. Most pony motor fuel systems are full of rust from the tank. Sometimes if's just easier on you mental health to start by cleaning and perhaps coating the tank with a relining compound before you re-contaminate the fuel lines and carburetor with all that rusty crud.
Always a good idea to check the diesel engine oil pan for water before the first starting of the engine by loosening the plug enough to let whatever's in the bottom come out enough to see what it looks like. There is a wrench that fits the hex socket plugs that are used in most of the compartments on the tractor, but if you don't have one, you can take a bolt (about 3/4" with a 1-1/8" head I think) and a nut to fit it, one of which fits the plug hex socket or can be ground a bit to fit perfectly, screw the nut on the bolt, weld it there. Then use a wrench on the end that isn't in the plug to loosen the drain plugs as needed.
Also if you will drain the diesel tank drain before you stir it all up by moving the machine, you can remove any water and crud that has collected in the bottom of the tank from condensation etc. There is also a drain on the bottom of the fuel filter housing that will drain any accumulated water there. If you drain that one you will need to bleed out the filter tower. This is most easily done on a tractor that has not got a running pony motor, (and even one that does!) by putting pressure into the diesel tank. Clamp a piece of inner tube that has the valve stem in the center, over the tank filler opening with a large hose clamp. Put some air into the tank 'til the piece of tube bulges out and then open the 2 bleed screws on the filter housing until you get clear fuel out and then retighten. It's a lot easier on your pony motor or your cheeks and eustacian tubes if you do it the old fashioned way.
Put it in high gear, ,make sure the compression lever is in the run position (in)open the throttle (pull it back), get it rolling, engage the clutch (pull it back) to turn the engine and it should pop right off. Might have to give it a sniff of ether if it's a cold day since you won't have the pony motor to warm it up first.
Your CAT dealer will have the pony parts you need or you can chase them down from aftermarket sources. Look at the parts source listing at the top of this board. There's magneto repair, used parts sources, bearing rebabbeting etc listed there. Anything you can't find, ask on here and someone will point you in the right direction.
Have fun!
D2-5J's, D6-9U's, D318 and D333 power units, 12E-99E grader, 922B & 944A wheel loaders, D330C generator set, DW20 water tanker and a bunch of Jersey cows to take care of in my spare time😄