I went through the bike from front to back .
The previous and only other owner, was a member of the Experimental Aircraft Association (EAA) .
He has one of the FAA issued aircraft mechanics licenses, the airframe .
Some of the work he did was meticulous, other areas were 'jury rigged/bodged together', there was no telling what he had gotten into on the bike .
So to make it short, I didn't do much work to the bike, it was just a matter of taking it apart and checking to make sure things were done correctly .
I would say I have 300 hours of 'work' into the bike .
The only major issue I had, was a rusted fuel tank interior .
The only major expense so far, was new tires, about $270US for tires, mounting, balancing and new valve stems (tubeless tires) .
Got the wheels with new tires back on the bike yesterday .
The only other costs were fluids, filters, seals/gaskets, sealants, grease, just common consumable type items .
I've got about $400US into the bike on top of the purchase price .
I didn't start working on the bike until the last year, the bike would not pass emissions testing, a part of the annual registration process, that's why the previous owner parked it in April, '06 .
To get around the testing requirement requires you to have collector insurance and historic motorcycle plates, you can't get historic bike plates until the vehicle is 25 model years old .
The bike is an '87 model year bike .
What I didn't know and I just found out this past week , that in 2010, the state of Aridzona changed their requirements on emission testing .
If you have collector insurance, the vehicle is exempt from emissions testing, historic plates are not part of the requirement now .
Had I known this earlier, I would have started working on the bike a few years earlier !!!!!!
I purchased this bike along with the '84 LS (two fer special), the end of June, '09 .