I'm rebuilding my F2's head and I had the same problem.
The intake valves on cylinders 1 and 2 were leaking and one valve guide was cracked on cylinder 2.
In my opinion, the best way to check is to bolt the spark plugs with the valves still in place, turn the head with the chambers facing up, apply some petrol on the chambers and observe if any liquid is falling from either the intake or exhaust ports. If yes then you can try to lap them, if it still doesn't work you will need a 3 cut valve job.
Now since we are discussing this issue, when I took my valves out (I also use a simple C clamp with an adapted socket as my spring compressor tool) I discovered that the exhaust valve in cylinder 4 was badly damage close to the top notch like if someone touched with an angle grinder on it. My new valve guides are already in place and were reamed. Do I have to replace all four valves now or can I just replace the bad valve for a brand new one?
Thanks