The previous owner tried and tried to get it started before I bought it but we just couldn't get it to go, he said it ran well and that he had driven it into his front yard where it was sitting at the time; it was just too darn cold, windy and snowy to have patience tinkering with it. He seemed very honest and I just trusted my gut, this time it served me right.
I got it fired pretty easily but decided to give it a thorough going-over before I went further and took care of a bunch of odds and ends. Cleaned the carb, cleaned and lubricated the sticking bendix so the starter would cooperate, welded up the leaky muffler, tightened up the steering, cleaned and gapped the points, etc.
I do have an issue though: When I drained the oil it seemed to have a decent amount of gas in it. Are the fuel pumps on the KT 17's prone to internal leakage like the ones on the earlier K series singles? Getting to the fuel pump requires removing the intake and I'm not sure if a leaky diaphragm is even evident and visible so I haven't touched it yet. Any ideas or better ways to diagnose this issue?