After thinking about your situation, I feel I need to post a second time. Hopefully, the answers you've received will convince you to not go down this path. But if you still feel compelled to let this individual take over your account, I can't over-stress the importance of confirming his identity. There are millions of scammers on the web, and they've become very clever at concealing their identity while defrauding others.
A good way to confirm your "friend"'s identity is to ask for his landline phone number. Confirm that the number is listed, has a name and address that agrees with what he's told you, and then call him up and talk to him personally. If he can't provide you with a listed landline phone number in Texas, you can be 99 percent certain he's a scammer. If he claims to be deaf and will only talk to you through an operator, it is a one hundred percent certainty he's a scammer.
I apologize in advance if your friend turns out to be legit. But true friends don't help their friends commit fraud.
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