Tore the 7-10 all the way down tonight. I found the main source of my air leak. I am an idiot and I installed the gasket between the spacer and the fuel tank upside down so it left a portion of the impulse port wide open. So not only did I have an air leak, I was also getting a weak pulse to the carb.
I feel pretty stupid especially since I had the tank back off twice sorting out the compression release and I never noticed.
Photos show how I had it installed, second one shows how it should be installed. Notice the gap at the corner of the impulse port in the photo circles in red.