I am thinking that there is unnecessary stuff left from the aperture to photos transfer. Am I right or just blowing steam?
It is not documented, what Photos is storing in modelresources. I found there copies of the origininal files used for syncing with iCloud, faces thumbnails, all externally edited photos. Are you using a referenced library? This folder will be particularly large, if your original files are referenced. Deleting items from his folder is not safe. You cannot delete any parts of the library, other than the iPod Photo cache. All parts are created by Photos because it needs them to speed up the processing or keep track of edits. The only thing that will happen, if you delete items will either be, that you slow down Photos, because needs to recreate the folders or you damage the library beyond repair and Photos will not be able to open it.
If you are running out of storage, move the Photos library to an external drive.