Joined: Apr 2016
From: Austin, Tx
I Ride: 1996 ZX11, CR500, DR370
Congrats on the new (to you) machine! I hope it was inexpensive, because it sounds like it needs some work. Do you know the bike's history? Was it running when parked? What problem led to it being abandoned? I can never understand how people can let a fine piece of machinery just sit and rot! If you can't afford to fix it at least pass it along to someone who will care for it!
Since the heart of the machine is the engine, and there are known issues with oil starvation to the rods I would start with a diagnosis of the oil and filter. Drain and look for metallic particles, then depending on your mechanical ability, consider pulling the sump and inspecting that. If the engine is toast, you would do better to move on before spending time and money on anything else. Or do like I did and buy a running engine and install it.
If you are lucky (and I hope you are), it will just take some cleaning and normal maintenance items and you will be on the road for a few hundred bucks. Seats, chains, sprockets, batteries are all fairly cheap on the 'bay and Amazon.
Best of luck and keep us posted.
"If it ain't broke-don't break it!"