Battery, side cover, seat cover tires, cables muffler and a thorough cleaning of the fuel system, engine flush and brake flush you should have a good bike. Early K models had teething pains with the fuel injection (remember,injection was still in it's infancy). While their were fixes don't know if that bike got them. Do the fuel system and engine flush then borrow the battery from your other bike and see how it runs before you commit a lot of time, money and effort. Could be a diamond in the rough! CHEERS.
Sometimes tey are diamonds in the rough and sometimes they are lemons.