I think one thing that isn't shared as much as it should be is the word "Skimping". I've seen new members ask if they can clean old ass spark plugs rather then buying a new set of 4 for 8 bucks. Or else we see can I ride my tires even though they have cracks and are hard as hell.
Yes there are cheaper alternatives to get these machines on the road but you will continue to have headaches. One thing will become jacked. Fix that then another issue arises. This is normal for a bike that is 35-40 years old and had been neglected.
Vinegar is 12 bucks for 5 gallons. It works great. It's more of a process but I don't mind. I've used evaporust as well. 100 bucks for 5 gallons if not more, works well too. Take a trial and error route. Somethings will work and some won't.
If it were me I would try vinegar for the price. While the tank soaks I would change all the fluids... ie.... engine oil, fork oil, fork seals, new chain and sprockets, all balls bearings in the wheels and the steering neck. All this can be done while the tank soaks. Then you have time to adjust the valves, adjust the cam tensioner, adjust timing all to factory spec then put on new tires. Of course the carbs will need to be cleaned and rubbers replaced in them.
It's winter time here in WI so this is the time to do all this before the riding season.