Motorcycle panels/chain/sprockets in desperate need of TLC

Hi all...since owning my bike it's gotten rusty as it's bound to I have tried to keep it out of the rain but my boss doesn't let me leave it under any area of the building so it has to be out in the rain!

My rim on my bike tyre is rusty aswell as you can see on my 4th picture
My sprockets and chain are really rusty.
My exhaust is very rusty
My swing arm is starting to get rust spots on it.
Also I came of my bike at 20 MPH back in August 2012 and there are a few scratches on one of my back panels I was wondering if anyone has any tips to sort them out.
Also the fins on my cylinder head are pretty dirty and wondering if anyone has tips to clean them thoroughly.

At home it's kept in a garage but I'm asking if anyone can help or point me in the right direction to totally clearing the rust from my bike!
What kind of products can I use?
I was thinking about buying a new set of sprockets and a chain and sanding down my exhaust making it smooth and just spraying it with high heat matt black paint.

Thanks to anyone who replies it is very much appreciated.

Ya got some work ahead of you...

This might help you with the paint...

How to Repair Your Car Scratch - Popular Mechanics

Definitely replace the chain,probably sprocket too....

You're gonna need 100lb tub of elbow grease to clean up the rest or power/air tools and a wire wheel to get the rust off the wheel and exhaust,then paint them ...same with the swing arm(paint it) but it's not in as bad as shape as the wheel/rim maybe replacement there too if your budget will allow for a new wheel or rim at least... the hi-temp header paint will still allow the exhaust pipe to rust,you can try hi gloss caliper paint from local auto stores

Basically get the rust off as best you can and paint it with something that will give you a little water protection....
Metal polish like Autosol and 1/2 of that tub of elbow grease should help clean up the engine.....
Good luck, it's deeper than surface rust....:devil:

Just been working on the rim from posting this and I think it has come out really well.

I used an old toothbrush, WD40, and wire wool.
As for the chain and sprockets I am defiantly buying new ones.
Thank you all for replying!

Nice job!!! :cheers:

To clean the engine I have thought about spraying it with water from a jetspray or just a hose pipe could this damage the engine at all?
would I have to cover anything up or not?
and what is the best way to get right inbetween the fins on my air cooled engine?

Just couldn't leave my bike sittin out in the rain and weather.
I'd have to get a cover for it. Bike trailer or drive it in the house.
Guess that's why I live in a Old Cabin, don't have to worry about hurting it.
Dawg has it stunk up a little already.

DO NOT PRESSURE WASH electrical wires connectors , switchs and all.

That rust is serious. You may have to do a complete tear-down to re-paint the frame. While the motor is out, use some baking soda on the cases and fins, but you will still need to do a lot of polishing.

That picture of the back wheel looks like a disc caliper mounted on the drum brake. Am I seeing this correctly???