I appreciate your guys's advice this far, what would be your next step knowing the motor is still in the bike 
Let see. Cb750, can't get the valve cover off, to get to oil leaks. Operational issues and poor treatment by P.O.
I'd want to know how big a bite the engine needs, in time, effort, and money to be serviceable, or to start shopping for another engine. Compression test for sure. Leak down test, even better.
If the comp test/L/D test shows a healthy core, then I'd just focus on seals. Clean and find oil leak source(s). If above the head gasket interface, leave the head in place when you pull the motor to fix the oil leaks.
Put engine back in and massage the carbs to atone for induction and exhaust choices.
The electrical stuff is simple for me to return as Honda intended, and they run pretty well that way. Electrical fixing is just divide and conquer each circuit in turn.
When you run out of circuits to correct. Go ride. (I don't know what other maintenance the bike needs to ride safely. But, owner's manual checklists ought to be involved.)