I have always been told in trouble shooting mechanical issues to look for the most obvious things first.
With this engine I didn't do that. Being a welder/gen set I automatically thought the carb/bad fuel was the issue.
Wrong!!!! I had the carb apart 2X and it was perfect. I added oil, still would run then die.
Finally I thought the Mikuni fuel pump was the issue. I go to remove it and there before my eyes is a very rotten fuel line that was let air enter.
Some new Tygon hose and the Honda is back to purring like a kitty!
Thank you Robert for the help!