Welcome to the board...looks to be a wonderful project. Without being there looking at it I'd first remove the points cover and pull/rope starter checking that the advance assembly is rotating opening the points gaped (.012-.016") and timed correctly. I'll attach a wiring diagram.
"HJ" 
’84 YT60
’85 350x (423cc) with ’81 XL500 head conversion
’83 XR500 (628cc) converted 3 Wheel hybrid
’73 CB750 K3 converted 3 Wheel hybrid
’86 TRX250R chassis XR650L engine hybrid
’89 TRX250R (stock )
’90 LT500 Quadzilla
’85 FL350 Odysses ( water cooled head )
Lost (sold) but not forgotten ’80 ATC 110 (205cc on alcohol ) ’83 200x ( 222cc ) ’83 200x ( 185s eng ) ’85 350x ( stock )
added to the collection recently, (2) '70 US90 Aquarius Blue and '74 ATC90 Daytona Orange