You can actually have the distribuitor installed 'wrong', but as long as the rotor points at the #1 spark plug at the top of the compression stroke.. it will work.. reguardless of where nipple #1 shows up on the distribuitor cap.
The I&T FO-4 manual has a good section on timing the tractors. Most likely you'll be pulling your manifold, so that you can see the valves move.. etc.
Now see.. if you would have had a front mount.. you wouldn't have to worry how you installed it! /forums/images/graemlins/smirk.gif
Soundguy