Thank you for some inputs!!!

there are some threads from new members buying or just having bought a Paso with this info. After what you already mentioned, the next would be valve adjustment & new belts, then check the complete electrics and clean all ground connections. After that clean carb, ensure that there are no air leaks and that the carb is synchronized properly.Service Records. (valve adjust and belts replacement)
Condition and Make of tires
Electrical system. Inspect closely for originality and melted connectors. All repairable/rebuildable.
Clutch bearing and pin.
Case in front of sprocket.
Seized eccentric clamps on swingarm.
ignition switch working properly.
Oil hoses going to coolers.