Here will be the ultimate 4 stroke build using a small engine. A Honda 50 is the better choice but more expensive than Huasheng 142 or 144.
You'll need a 30 series torque converter with a 10t sprocket on it, a jackshaft with 40t and 10t sprockets on it, and a 44t rear sprocket. You'll also have to have the adaptors to mount the 30 series torque converter.
Your drive system will look like this:
(3~1\1, 10t)~(40t,10t)~(44t).
This'll give you a reduction range of 52.8~17.6\1. It'll also be fully automatic. You'll have a level ground speed around 30 mph. The thread below tells you how to attach the torque converter to a small 4 stroke engine.
Thought I would share my first build as I have seen some conflicting info about using a 30 series torque converter with a small engine like with this 49cc 4-stroke. I did not document this very well, as this was done over 2 months. The bike has run perfect and has about 300 miles on it. You...
motorbicycling.com
I've had my 4 stroke for 13 years and it has close to 5000 hours of use on it. I've only replaced the spark plug. I change my oil every 25 hours of use, clean the air filter every 10 hours of use, and only use E-free gas. I've also built a bike in the past that shifted gears automatically.