Project FZR 250 3LN3 Restoration

Hi Guys so I just bought myself an FZR250 from my buddy and she is in a bad state.
I need advice there is spark,carbs is in okay condition swings but doesn't start. I really hope it isn't timing related.
Like I said she is knackered but most of it is there.
What I need: Fuel pump, Taillight, Tank Cap, New Ignition, New Tires, New Chain and Sprockets and very very very obviously paint and stickers

 

Thanks a lot man, I took the bike apart no sort of,decided that building cafe racers is my thing so instead of restoration I want to build the most bad ass fzr cafe on the block.(This decision is driven mostly by parts availability and the horrendous condition of the fairings)

 

I have a sneaking suspicion that I'm dealing with compression issues
PO left the bike out in the rain and I'm scared water got into the motor and screwed up the rings.

 

Despite the wiring being a total fudge up yes it has brilliant spark.

 

ooooooooooh yeah they were in there and surprisingly new too

 

Hi guys does anyone have a wiring diagram for me, my wiring is a complete mess I decide to take the bike apart and start from scratch once my CBX/CBF 250 is done. I did some sketchy photoshop work to get an idea for the fzr. I was inspired by my Buell Xb12R Firebolt(horrendous piece of shite that it is).



This is my Buell I love this bike but it is the most unreliable thing on wheels ever created and that includes a stainless steel wheelbarrow with a solid wheel.

 

I Checked out hte R6 Replica fairings they are properly gorgeous but they are shite expensive and I'm a student so nah and i want to fix up the loom for the same reason i wouldn't call it a budget build but I have a budget to stay in.

 

Here in South Africa we have an abundance of 250's because our license system works like this.
Learner can drive anything up to 125cc but may not lift, once over 18 you may drive any size motorcycle with a learners.
but you still may not lift. So loads and loads of first time riders buy up the 250's, slap a 125 sticker on it and jump to 400's or 600's after that. The most common 250 by far is the 250 Genesis all the breakers have them and there is quite a few with 3ln's. The kids these days opt for the newer 250's like the ninja 250r and the cbr and suprisingly the Ktm duke so nearly allll the 250's have ended up at some shop as a organ donor or at someone who thinks he is Valentino Rossi and wipes himself out against a taxi(South africa has dodgy taxi's).
One of many many riders taken out by this disease.

 

Im looking to buy one in the near future there is an 02 model for sale here for 16 000 ZAR

 

Hi guys, I believe my compression is down and out on the FZR I want to pull the motor and check the following:

• Valves
• Valve Clearance
• Timing
• Rings

Sleeves(for ridges)
and lastly I want to see if the valves are sealing properly.
The old 'finger on the hole' method revealed that 1 and 2 have more compression than 2 and 3 or at least it feels that way to me.
Can you please tell me the torque settings for top and any other guidance or pro tips will be much appreciated.

Side Note: She is a 3LN3 model

 

It had plugs in but no carbs on and the idiot didnt cover it up at all.

 

Cleaned the carbs out today, Never trust the previous owner I learned that today.
Last Photo is as clean as I can get them.