First thing I did was clean the carb and replaced the pilot and main jet with a set that I felt was a good starting place for the mods the bike has. Carb looked great so there wasn't much to clean.
It didn't solve anything so onto checking the reeds. This is my first time removing and looking at a reed valve so I'm not sure if this is a "big deal" or not. Found an eraser sized hole in the corner (see pics). I'm going to replace it, whether it's a big deal or not, but I wanted to ask you guys if this could be a cause to my issues above:

