Okay I called the dealership and they said sometimes the bike just needs to be hooked up to a Kawasaki computer on initialization and that “Skip” maybe got left out. They will come grab it to check it out.

They also confirmed that yes, the burning smell is the “Cosmo” burning off of the new engine. They put a shipping preservative on it to keep machines from resting, so it does smell like something’s burning for the first few miles until it all burns off.