Thank you very much for the responses. Much appreciated.
I've checked and rechecked going over again as instructed in the manual and the advice given here. The carburetor bowl is working and there is clean fuel in it. Tank's full, oil levels fine. The spark plug is clean and there is also spark. I noticed that when I sprayed starting fluid in the carburetor the engine will start/turn somewhat with white smoke out the exhaust, but will quit soon thereafter. It does that each time I use the starting fluid. I don't want to give up just yet. If not, then as Doctordeere said:
Clean fuel in carb bowl, cranks and spark plug is clean? Plug should be wet with fuel if cranking and not starting.
Well, after checking out the fuel flow and carburetor bowl again, fuel is flowing and also in the bowl. Spark plug is "clean" though not bone dry out of the box. There is "oil residue" on the Center and Ground Electrode of the spark plug. Also after some of the fuel spurt from the hose and whatnot, the filter housing caught fire for about 7 seconds or so after I tried starting the generator again before being snuffed out. That kinda sorta startled me! Good think I didn't blow myself up. Going to have to try more of ya'lls advice tomorrow. Thanks once again everyone!
I think Id bring it back to HD like a previous poster said. Make them start it up for you, or just demand a replacement.
Ive had mine for 3 years now and it starts within 5 or 6 seconds of cranking, even after being run out of fuel and sitting for a while.
And for some reason I think I remember the same yellow/yellow-red wire being disconnected on mine too. Not quite sure what its for, I tried putting a multimeter on it to see if it gets/loses voltage based on ignition switch position but I dont remember it doing anything.
This evening I exchanged this particular generator for another one at the local HD. They said they don't have any in stock (according to their computer system) but I said not true! In fact I saw more than a few boxes on the floor throughout the store before approaching the HD CS Returns, but that's another story. Anyway, as-soon-as I brought it home and assembled it and putting in fresh/new lubricant and Union 76's 92 Octane Gasoline, this RIDGID RD8000 started straightaway! Again, thanks for all the input RIDGID Guys!