Limited experience with the K engines here, just one... but so far..sorta tempermental on getting the ignition and carb adjusted correctly. There's an exact magical place, then they run well, miss anything by an eeny and good luck with that. And once you go to start pricing replacement parts and so on, egadszooks! Gets right into the "you got to be kidding me"! range. I mean silly ridiculous expensive. Close to a grand for a single cylinder replacement engine?
There are some aftermarket ignition module dealies you can get that supposedly will make them run much better and eliminate point hassles and so on. I bought one but haven't tried it yet, that's one of my upcoming early spring projects. If it doesn't work to get mine running again (rebuilt carb, new fuel pump, new under the dash some electronic gizmo, new points, new allegedly correct coil, clean head and top of piston, adjust valves, etc etc, all the usual stuff..still no start), I am scrapping that thing and going to either electric drive or an import cheap diesel. Thrown enough time and money at this thing as it is, sorta soured for me. I mean I got it used and ran it a lot, can't complain, but once she started not wanting to start, just beyond me. And I ain't paying what they want plus all the labor (mine and the machine shop) to rebuild one, just silly when you can get a durable single cylinder diesel engine for about the same or even less money.