Thank you everyone, for both the help and the compliments!
I looked at the bike today and learned two things.
1) I have no idea how to use my friend's multimeter.
and
2) My bike's left hand panel has a lot of dust under it!
I think the problem with the multimeter was less user error and more hardware error though, to be honest. My friend said it was a bit cheap and he got it secondhand from another friend, so I think the thing was a bit wonky to begin with. I will be giving it another go tomorrow at another friends house who I know has a working mutlimeter (and I'm fairly sure he knows how to use his haha).
However, I was able to take Bankerdanny's advice and clean off the ground connection. The only bit that seemed to have any corrosion on it was where it actually connected to the battery though, as following to where it connected to the bike looked like this:
so it was fairly clean!
Question though: in the above photo, what is the black thing to the left? It has that thin metal attachment that connects to something else and I wasn't sure how delicate it was while removing the nut that was connecting the ground to the bike.
Taking Spanner 1's advice, I removed the left hand cover to take a look at the electrical system there and was greeted with this:
I thought that seemed a bit dusty and tried using some compressed air to clean it, but that was to no avail. What would be the safest way to clean all of that? A wet rag? Not sure if the dust will come off without a fight.
Anywho, it was fun poking around the thing while it lasted. 100+ degree weather didn't make standing outside too thrilling though, so I cut it a bit short. I will be sure to go at it again tomorrow with a better multimeter. The battery is charging on a Battery Tender Jr. at the moment, so hopefully that'll be enough to keep me riding tomorrow.
In regards to your question, lucky, the camera I've been using is actually my phone camera. It's an iPhone 4S, so the camera is quite nifty (either 5 or 8 megapixles, I forget).
Once again, thanks for all of the advice and compliments, I will try my best to post an update ASAP!
P.S. What would the best way to disconnect the turn signal beeper be? I don't mind it too much, but it seems awfully loud.