I would have a look at the ignition system, possibly 29 year old coils, ignition leads.
Electrical connection condition.
The carbs could be 'gunk-ed' up inside, may need a good cleaning.
I had a cold starting problem on my '81 R65, bad dual output coil, and also the starter was drawing too much power, due to lacking lubricant.
It dragged the battery voltage down to where it was effecting the ignition system during starting.