Briggs specifies just one drop of high-quality light oil on the bearing part of the starter spindle. No lube whatever on the balls and in the sprag clutch area: clean those parts like for an operating theatre.
AFAIK there is no model of that carburetor with two holes in the choke pull-out knob. It seems the previous tenant has made an "improvement". You need to put it in the hole shown in the illustration I posted. You might be able to see drill marks in the wrong hole, proving it is home-made.
You do have the idle speed screw, circled in green in this copy of your photo:
![[Linked Image]](https://www.outdoorking-forum.com.au/forum/uploads/usergals/2013/12/full-2772-14027-bs_80202_idle_speed_screw.jpg)
It doesn't seem to be the correct original idle speed screw, but at least it is there and working. A washer under the screw head would be an improvement on what you have - the correct screw has a bigger head.
Your engine has had some minor alterations made by an enthusiastic amateur, and you will have to find those adulterations and fix them. This often happens, and is a bit irritating, but hopefully you got the mower cheap. Adulterated mowers are worth considerably less than original ones.