I recently picked up a CB550 74 frame/motor that also came with another 75 motor. The 74 motor is leaking oil in many areas and would need a full rebuild before I would invest my time putting it into my build. The 75 motor looks to have been rebuilt recently but the previous owner did not have any background on it. What testing and investigation can I do on this motor before proceeding with it on the bike? I think it was recently rebuilt due to the liquid gasket along the seams and no oil in it. I was going to check the compression on it but not sure what else to check to decide if I'm good to go or should crack it all open.
Thanks for any advice!