Engine 1986 gt no start

Starter relay? Starter? Inertia switch? How's the main ground at the engine? These were all items I had to deal with recently except the inertia switch. Computer ground or maybe computer relay? Hope it starts for you.

Do the last part of the Cranks OK, but No Start Checklist for Fuel Injected 5.0 Mustangs model years 1986-1995...

6.) Spark & fuel pressure OK.
A.) Failed IAB or improperly set base idle (no airflow to start engine). Press the throttle ¼ way down and try to start the car. See the "Surging Idle Checklist for help with all your idle/stall problems.
B.) Failed computer (not very likely)
C.) Engine ignition or cam timing off: only likely if the engine has been worked on recently. If you removed the distributor, there is a good probability that you installed it 180 degrees out of time.
D.) Firing order off: HO & 351 use a different firing order from the non HO engines.

HO & 351W 1-3-7-2-6-5-4-8

Non HO 1-5-4-2-6-3-7-8

E.) No start when hot - Press the throttle to the floor & try starting it, if you get this far. If it starts, replace the ECT.

F. ) Engine that has had the heads off or valves adjusted. Do a compression test to make sure the valves are not adjusted too tight. You should have a minimum of 90 PSI on a cold engine.