I am not an electrician and perhaps our resident electrician can offer his expertise here, but I am not sure it is wise to let your alternator continue to spin without the regulator and battery connected. Would be good to know. Kent are you listening?
While your float bowl gaskets may not be correct, the root cause of the leak is likely one of the following:
1) Fuel service level in the float bowl is too high. Ordinarily the fuel level should be several mm below the gasket surface.
2) Your float valve is not sealing, and likely needs to be replaced. It is like a dripping faucet and will not stop leaking until the gas tank is empty.
Sorry I haven't posted anything in a while but I'm playing the waiting game for now. 😅
Regarding the float bowl issue, I'll have to look into the float valve bit. Might also be something to do with how I routed the fuel line though since I had it routed straight down from the tank over the top of the carbs? Not sure. If I could get a good source for an actual rebuild kit for the stock carbs, that would be great. If anyone has any info on that, feel free to chime in. I don't know what the stock sizes are for the jets and needles on the carbs.
As far the stator not being connected, I happened to run across a guy that was parting out this same bike on ebay and he had a regulator/rectifier for sale there. Seems the crank on his broke according to him and the regulator/rectifier should work. I hope it does but I'll be fusing the connection between the negative wire and the negative battery terminal after it's connected just in case. It shouldn't blow the fuse if it works...or at least as long as it's not trying to back feed the positive charge down the negative wires. Just waiting for parts to come in at this point. Guess we'll see how it goes once the part gets here.
On another note, I now seem to have developed an issue with the starter. It was cranking over fine before but recently it started clicking instead of turning over. Really just wanted to get the engine to start for a couple minutes at least so I could get some fresh oil going through the system after I did the oil and filter change. I put my hand on the starter and hit the start button and I can feel it click a bit in the starter like it wants to try and spin but nothing else happens. Set up the multimeter leads directly to the starter and I'm only getting about 4.8v with the battery fully charged. Probably going to get my nephew to see if I can get it jumped off from the battery in his truck. If it kicks over... well I don't know but at least I'll know it isn't a direct issue with the starter. I still need to check the resistance for the solenoid though but bypassing the solenoid didn't work. So either the starter went out or there's something wrong with the new battery. 🤔
If it is, in fact, an issue with the starter, I'll probably see about getting it rebuilt. If it's a battery issue though... I don't know. It's a cheap eBay battery and it was one of the few batteries that I could find that would actually fit in the bike (excluding lithium batteries since the bike doesn't have provisions for that).
Edit: Haven't heard from Kent in a while. Kent, in case you're still watching this thread, I appreciate your input so far and I would love to get more input regarding the starter issue if it's not too much trouble. 🙂