Background:
In short, the only thing I have ever restored was a 1961 Cub Cadet garden tractor (I have pictures if someone asks :-). I saw some pictures of older bikes (Honda 350's) that reminded me of flat track racers and I thought they looked really cool. Howevever, I noticed that when people were sitting on the 350's (which were stripped down), they looked really small... So I started looking at 450's but they seemed small too. So, I narrowed it down to 550's or 750's AND I did not want a hump on the back. And then a key decision was made: When I saw bikes "hollowed out" in the air box area, I thought it looked strange (and kind of unfinished) but I really liked it. Since the older 750's had a dry sump, the only way to get this "hollowed out" look was to eliminate the tank (which many people suggested was a really bad idea) or place the tank in a "cafe rear hump" and I definitely didn't want a hump! So 550 was they way to go. And since my last bike was a 550 Nighthawk, the search was on via Craigslist for a mid '70s 550 (and a bonus if it was orange).
After a couple months of searching I found a 1975, orange with 38k miles in the spring of 2015. It wasn't running, but looked decent and $800 later it was in my Odyssey headed home.
My goal was to keep the project under $2000, use the summer of 2015 to shake out the issues and get it rideable in preparation for a winter re-build.
NOTE: For pictures on my iCloud account, click on the globe under my name or click here:
https://www.icloud.com/sharedalbum/#B08GRMtznGFCh6X