I'm looking around for my first bike and I've found a 75 CB360T for sale or trade for guitar. It just so happens that I've got a Danelectro guitar I never play that isn't worth much, and he's got a motorcycle he wants $500 OBO for. I could potentially pick this thing up for around $350.
The goods: Recently rebuilt carbs with receipts, owner has title for the bike, not overly beat up
The bads: Brakes are having problems being bled. Fluid stays in the line, but he can't seem to get any pressure in the rear brake. Front's are ok. Turn Signals are wired, but previous owner wanted smaller signals that aren't attached yet. Bikes tries to start but won't run.
That last bit is where the deal goes south. The current owner says he's taken it up and down the street a few times when he first got it, but since the bike has been sitting he hasn't had it running. He says he can spray ether into the carb and it'll turn over a few times, but the bike won't run under it's own power. Owner claims the "carbs need set up".
Does this issue sound like something simple and cheap or something that'll cost more than the bike is worth to fix?

