After trying some troubleshooting it turns out that it needed to be primed (I basically just put something over the intake and pulled the starter a few times), and now it starts every time.
Yes I did get it resolved. It turned out to be the voltage regulator. Problem is you can see it and touch it but it turned into a 3+ hour job to get the front rack, front cowl, inner fenders and speedometer off and reinstalled. Since it was so old I had to drill out 2 or 3 of the screws. Dealers wanted $140-190 for the part. I ended up buying mine off Amazon.