Thanks! I took it to a local moped guru (Thanks nate!) after my many days of attempting to start it.. Seems mostly the carb cleaning I did was overly inadequate, so he was able to fix that up.
Right now the only issues I am having are, 1) the petcock on the bike is wrong so it doesnt get enough fuel when running below half a tank and it gets just ENOUGH fuel so that when it's sitting, it floods the motor (over a course of hours). 2) I need new tires badly :)
Can anyone suggest where I can get a replacement Garelli petcock?