Old guy, old story alert!
I'm the king of changing parts without fixing the problem. K0cb750 812 kit. It would start, then die. I began with plugs and points, progressed to cleaning carbs, changing coils, IV fuel tank, battery, different carbs, different points, hot wired the whole bike, fuel lines, first carbs again, compression test, found a stuck valve, put in a different engine, second set of carbs, more plugs, moved the new points. check valves, Start and die.
I sat down with a beer and called my brother. I told him I had changed everything except the frame and exhaust pipe. Bingo! Plugged exhaust. The PO had wrapped fiberglass over the inlet of the baffle.