Just purchased this Honda 200 Bigred starts on first or second pull when engine is cold but after riding it for a while it will just die and you have to crank on it several times or let it set a minute then it will start back Does anyone have any ideas what could be causing this?

 

sounds like its running its self out of gas, when you let it sit the carb fills back up. First clean the carb because it sounds like a jet may be plugged and if that doesn't help, check the gas tank vent by first running it with the gas cap off to see if that makes any difference. Could also be electrical but doubt it, these ol Hondas are bullet proof.

Heres a manual to help with cleaning the carb.
ATC Manuals