Yeah, most likely a lean issue them.
Well, you can try to do the air/mix screw adjustment on the right side of the carb with it on the bike but that probably isn't going to do you any good because the air/mix screw only impacts the mixture at idle. Once you get into the throttle about 1/8 turn or more you're operating in the area that the needle controls, and that seems to be where your issue is.
If you don't want to risk it, maybe try running some sea foam through the next tank of gas. Also, as silly as it sounds, make sure you have good fresh fuel. If the previous owner let it sit and you are still running on his tank of gas, the ethanol in today's gas goes stale and you will get poor running of it's been sitting in the tank for several months.
At the end of it all, you really need to get into the carb at some point and know for certain what you have going on in there. Truthfully, once you do it the first time and get the fear out of the way, you can drop, clean, and replace a carb in an hour or less. The only thing in there to be careful with is the 'rubber' diaphragm. As long as you don't tear it (it is quite durable) then the rest is just cast metal and brass jets aside from the plastic float. I never did it before I got my S40, and now I can do it blindfolded if I had to, thanks to the folks here