The OP stated "he was guessing it was an overheating issue" so I wouldn't jump too much onto that as we what he's described isn't an issue per se, but he does have some engine troubles.
The carbon desposits are likely attributed to a fuel mixture and the poor performance likely to a tuning issue overall. The "rattling" on the left side of the engine could be oil starvation, valves out of spec, exhaust leak, or even carb synch.
As he said, not much to go on. Time to commence the rebuild it correctly and assemble it properly in sequence. Head, torqued, carbs bench synched, valves adjusted, ignition set, start it up after a quick peek at the plugs.