Ok. Here's the update. I've done the whole 3000 mile service except the value clearance as I just bought a feeler gauge. I did figure out why the battery died the last time I pulled it out. Someone here that the charging on the cb550 doesn't kick in till the rpm hits 3000. I placed the idle screw at 3000 and disconnected the battery terminals and it still works. I connected the carbs with fuel lines and also zip tied it just incase.
During idle around 1400 and under there is this knocking sound coming from the left side of the engine. Is that normal? I've read on this site that these engine do rattle. The sound goes away around 1700 rpm. Should I be worried?
Thanks for the help guys.