Finally picked up the SV650S, transport it home, got to examine it little closer.
The header of the 2-Bros exhaust is rusted at the weld joint, not sure if that something fixable or I might need to source some replacement headers.
Shift lever has been fixed by way of home mechanics.. drilled through the broken lever and replaced with a screw & nut.
Valves are ticking quite loud at idle, could be loose, that would explain the easy start when cold. Overall, not too bad for $1500