Looks familiar...
Got a manual?
Cam chain adjustment is to position the crank so the cam chain slack is on the adjuster shoe side, Loosen the nut, maybe wiggle the nut stud and then tighten the nut. As loose cam chain is more of a hiss or tick, than rattle.
After that, rattles are usually the trans gear clack for improperly synced/balanced carbs. Does the rattle change pitch when the clutch is pulled in? If so, not cam chain.
Looks like a good bike to keep stock, rather than chop up for a custom abomination.
Cheers,