an area of expertise for me
had the same thing happen to me. i put some dyelectric grease in the important connectors. ie: the ones under the seat. stator conn, ignition conn. etc. i was pretty lucky with mine. once i drained the gallon and half of water out of the motor and turned it over without the plugs in it. it fired up....not right away but it did fire and in dramatic fashion as it blew another gallon of water out the exhaust onto the wall of my buddies garage
pull the "important conn." and put the grease on.
pull the "important conn." and put the grease on.