Isn't K&N filter oil purple?
Reddish flakes in the bowls are usually from rust and dried fuel deposits.
Does your fuel tank have rust?
Electrical...
Fully charge your battery disconnected from the bike, and let it rest 2 hours. The voltage should be 12.6 v minimum, assuming the battery is at 70-ish degrees. Anyway, measure and report.
Connect the battery to the bike and kick start the motor. Electric starters draw 150 amps, depleting the battery.
Now measure the battery voltage at idle, 2000, 3000, 4000, and 5000 RPM. It is handy to have those same set of numbers with the headlight off or the headlight fuse removed.
Higher wattage headlights, 3 ohm coils, etc., can make the RPM where the battery starts charging, higher, even with a good charging system.
Cheers,