u/fusemasterflex

I just purchased this 1982 Yamaha Virago from Craigslist for $450. Started it on ether and drove it home when I immediately noticed it started pissing oil out of the air box drain tube. Figured it may just be overfilled oil (and it was by about 2 qts) so I drained the old and filled it up properly (3 qts), and now it leaks oil and also produces blue smoke out of the exhaust. I can assume that bad rings are a possibility, but I’m wondering if anyone is more familiar with this kind of bike that has had similar issues.