I took it down to the LBS to change the freewheel. Waiting to go pick it up. I also had them take a look at the derailleur to see what they thought... I would have just changed it myself but with classes right now I just didn't have the time...

Yeah it is a single speed if I don't shift it. Problem is every once in a while I will hit my knee on the shifter. Just nitpicking really.