Hiccup #1 has occurred. While awaiting parts to come in, I decided to do a little truss rod adjusting. No strings on the bass just wanted to get a feel for it and see how responsive the neck is... Probably something I should have checked right after buying the bass used. I bought it here and assumed all was good. Anyhow.. The nut seemed a little worn as the wrench was kind of loose and sloppy at best. Took the bass to one of my builder friends where we tried all manner of wrench sizes both metric and standard.. we got the rod to turn about 1/4 turn and the nut gave out.. stripped!! It's a double action truss rod so there's no replacing the nut! I actually tried slotting the end of the nut for screw driver adjustment, and it just blew out as well. Those epiphone truss rod nuts are fairly soft i guess!
After looking at all my options... I've decided to have the truss rod replaced, as i'm in too far on this project and I really want a 12 string... And since he'll be in there already, I'm going to have 2 graphite rods added to the neck as it's only a $40 up charge.. ( again, my builder friend

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So while i'm really bummed out that I'm unable to complete the experiment as planned and see if the stock neck is strong enough to deal with the 12 string tension, I'm also ok with it as, at least that possible Achilles Heel will be eliminated (to the tune of $200 for the truss rod and graphite!!)
After all, my real over-all goal is to have a kick ass 12 string Thunderbird, though it would have been nice to see how that neck would have held up on its own, and to have kept my total investment at $600. Now it's $800, but I know this will be a very solid/ one of a kind killer bass when done.
...So the Tbird is in the shop for about 10 days having this repair done. I'll be back in a couple weeks to continue with the conversion...