Take the ignition cover off (left side) and blow dry it or let it air out for a while. Drain the oil in the case and replace it. If it contains water (milky looking), keep adding and draining case oil (or use ATF, it's cheaper) until there is no more water in the oil. If it is muddy and/or gritty, time to split the cases. Drain the float bowl and then turn the gas on to let some fresh drain through for a few seconds, then shut gas off and put plug back in bowl. Remove the air filter, clean it, oil it and replace it. Also take the pipe off and make sure it isn't holding any water. And change the plug like mentioned above if there is any doubt about its condition. That should do it.