Avada - Updating from 5.9.3 to latest

I am thinking of deactivating Avada 5.9.3 and associated plug-ins and deleting them. Then I will download latest one from ThemeForest and reinstall it.

I will lose customizations which I will have redo but it will avoid a lot of headache and anxiety during upgrade process.

Does anybody see any potential issue in this approach?

There’s specific steps depending on the version you are upgrading from. (read the link below)