Yeah - it should be interesting - basic stuff like bearing replacement (head and wheels) brake overhaul (new seals/new lines), renewing fork seals and fork oil, as well as other stuff like repairing and respraying scratched engine casing, respraying frame and bodywork, removing the exhaust headers and cleaning all the rust off them etc.
My advice? I’ll repeat something from …er…a while back.
White “smoke” is o.k., it’s just water being driven off.
Blue smoke when the bike is warm. You’ve an oil burning problem.
Blue smoke from start up. You’ve serious oil burning problem.
Black smoke. Time for a re build or new bike.
You probably have an English winter “problem”. Ignore.