Hi,
the Haynes manual is a good starter for the late w/c singles. It deals also with both electronic ignition systems (Ducati and Motoplat); one of these should be present in a 1974 model (no points). The original alternator/battery system was 12V, but can easily converted to 12 V with a cheap chinese scooter R-R.
More technical info you might find here, for download:
http://www.luke3d.org/bmw/manuali_ducati.htmI agree with others here: disassemble the engine completely and check for wear, excess and play of any shaft, correct alignment of bevel gears, etc. The sludge trap in the crankshaft should be opened and cleaned out, the oilways then must be flushed intensely. Inspect and measure piston and cylinder bore, and take off the valves from their guides. Stem seals might have become hard and brittle, should be renewed; also the guides might be worn.
Epoxy on the fork stanchions is a no-go. Let a specialist inspect the rust pits. If servicable, get them de-chromed, ground to the needed surface quality and hard-chromed to measure again. Or buy new stanchions.
You need a couple of specialized tools, like alternator flywheel extractor, clutch basket holder, camshaft blocking tool, extractor for lower bevel shaft bushing, etc. These tools are shown in the spares list and user manual.
Study the manuals and the parts list, from which you will learn a lot.
cheers Hans