Re: new hobby
I remember mine smoking a lot and the smoke leaving a black spot on the drive and I hear about two strokes on weedwackers clogging the exhaust with carbon from the smoke, but I never had the liquid but I have heard others tell of it.
When you put your bike together did you seal up the carb to manifold connection. It might be running rich and unburned gasoline causing the liquid goo. Is your needle set at the second notch from the top. that seems to be about the normal for these engines.
the only liquid that could be running out the exhaust seems to me to be unburned gasoline. Your engine should be running rough and have poor pickup if that were the case though.
My posts have entertainment value only. A bike ain't yours till it has your blood on it. Then it owns you.