1 word (DON'T) The fumes can be very posionous and noxious. I would just drain the tank, pull the glow plug, crank it over a few revolutions with the rotostart upside down.
Then I would put a drop or 2 of marvel mystery oil or afterun oil or wd40 in the cylinder and in the carb mouth, open the slide.
Then crank a few more times outside, replace glow plug, and air filter.
Then wait till you have good decent temps to break it in right.
I understand your excited to get her fired up, but just be patient and try to wait.
The exhaust note is fairly loud, but I would be more concerned about the fumes and my family!!
Good Luck