This engine was originally designed for leaded fuel. It has probably been updated but still may have some minor issues.
Make sure ALL the flex hoses (the one from gas tank to steel line often overlooked), mechanical fuel pump and carburetor float, needle and diaphragm are changed to alcohol tolerant. There is a choke pull off, and a vacuum advance on the distributor, they also need to be alcohol tolerant, as well as the vacuum lines and the PVC line. Even the vent line from gas tank, and lines to the charcoal canister if still there need changed.
Most motorcycle engines are flat tappet so just get some 10W40 MA2 rated motorcycle oil. It will work excellent Castrol Activo 4T 10W40 is economical and a very good oil.
If you can get it Bardhol Instead o Lead Gold has MMT a metallic additive that really does increase octane and lubricates valves, not as good as lead but pretty decent.
Or a bit of TCW oil in the fuel, ¼ to ½ OZ per gallon.
Try to burn no alcohol premium as much as possible.
Congrats.