i would suspect you might need to bob the bike so that it would not interfere with the bolts on the rear fender and if the suspension bottoms out (and if the tire would rub against swingarm)
A forum community dedicated to the Classic Honda Rebel 250 & 450. Come join the discussion about performance, modifications, troubleshooting, maintenance, reviews, and more! Also visit our forum for 2017+ Honda Rebel 300, 500 & 1100 at hondarebel3forum.com