Hey thanks for all the advice! Here are my answers
-I do have the original seat, it is just not pictured here.
-Yes, I have the manual and real tools (I've been working on motocross bikes all my life)
-It is a 1973 and yes that is the exact color. Don't worry I won't paint it some stupid color, I probably won't paint it at all and just leave it original.
-Tires are brand new, they still have all of the hairs on them.
-Looked over the suspension, I can't see any leaks, I will hopefully be replacing the rear suspension with something nicer feeling.
-I haven't opened up the engine yet. Good idea with the magnet!
-Carbs I cleaned out yesterday. Jets were all clogged and okay I will take off the pods and put the stock air box back on.
-Clutch seems to be okay. Sprocket is still in fairly decent condition. Chain is not stretched (was very dirty so i have it cleaning in mineral spirits right now)
-electronics, I am not too sure yet what is working and what isn't.
-rear brakes are fine, fronts are shot. (bike came with a whole new front brake, lines and master cylinder)
-No, I will not be tearing it down to the frame, that is totally unnecessary. No I won't be cutting anything don't worry! My ultimate goal is just to have a kickass cafe racer when I am done! I am keeping it clean and simple.