klr650goldwing wrote:
With much appreciation for everyone who responded, I elected to haul the bike on the front of the truck. 
On another website I heard about a guy who said his roof started to leak after he hauled a motorcycle on the back of his 5er. So I chickened out. I researched snow plows and found out that some of them weigh considerably more than what I'll be hauling. So the bike on the front of the truck shouldn't over load the suspension.
I bought a front receiver hitch from E-tailer and welded two more receivers on it. So the motorcycle carrier will have more than one receiver to hold it more steady. 
At this moment the new hitch is at a powder coating shop. Once it has been powder coated it will be ready to mount on the truck.