When I adjust mine, I point the Cam Lobe to the oil pipe above the Cam shaft. that is about 1"oclock position.
Sears has a feeler gauge set with the correct feeler for the adjustment. Diesel Giant shows the part#.
I have read it is better to leave them a little on the loose side. I know when I get them adjusted down, then can't get the feeler back in. so back to screwing with it again. so if I go to the next size up, Iam close enough.
Usually it is the exhaust valve that seem to tighten up first.
I use the powering steering nut to rotate the engine with a 7/8 Gear Wrench,
just don't tell any one or I'll get yelled at.
Charlie