The HIF4 guys has the float bowl made into the bottom of the carb, very different than HS2 or H1s. My guess to would be a stuck needle/seat float valve as well, but you need to remember these were used on MGBs with a twin car set of and one carb carried fuel to the other, so if it has three brass tubes on the side of the carb, two are fuel supply tubes (not counting the angled smog/vent tube higher up the carb body) so you need to confirm fuel supply tubes vs vent tubes.
On the twin HIF4 MGB set up, the car's fuel supply hose was carried to the front carb, so you had two brass tube on the non linkage side of the carb, one was a fuel supply the other a vent, then on the linkage side of the fornt carb a carry over fuel supply brass tube to carry fuel to the rear carb (which has one fuel supply tube on the linakge side with a vent tube on the on the non linkage side. Thats why with a HIF4 single carb application made to fit a 1500 you would desire to have the rear carb, not the front carb. .
Al if it ends up being a neelde seat flaot vlave, call Gordon at The B Hive in Clemson
www.thebhive.com, and ask him for a viton tip needle seat valve, and save yourself soem grief, also i would recommend submerge checking the float to make sure it not taking on fuel.