Sounds perfect, i would start with some simple zoas and lower light corals. See how they fare, then build your way up. Coral is a whole new game, prepare to become more obsessed. Remember that T5's don't penetrate as far as other lights, so the higher light coral you get, the higher in the tank it has to go.
You may also want a Mg
test, but thats much further down the road when you have tons of corals constantly munching away at your trace elements.
I don't think daily water tests are necessary. If you know your tank is stable, then it should be fine. You should check your Ca
level, you may have to do a bpunch of PWC
to get it up where it needs to be.
You've never treated with copper right?