OK. The pump you bought came with a remote reservoir that I think that you are going to abandon that one. It is fine for a power steering application but not for your FEL/BH plan. What skyrydr2 is suggesting is this.
Use both loader towers as your new reservoir because they will hold much more oil. The towers will also act as a radiator to get rid of excessive heat from the oil and that's important. When building the towers, put the bung that is going to feed the pump a few inches higher than the bottom of the tower. The bung does not have to be higher than the pump inlet because as long as the oil in the tower is substantially higher than the pump inlet, that oil will flow via gravity to the pump.
Pursuant to my previous discussion with tudor, here is what I mean by a suction line filter.
http://tinyurl.com/yc4yhnc
And here is what I mean by a return line filter.
http://tinyurl.com/d2xd3d
If you read the specs, you will see that the suction line filter will take out all contaminants down to 148 microns but the return line filter will only leave particles in the oil that are smaller than 10 microns. The suction filter will protect the pump from junk that will destroy it instantly. The return filter will remove the rest of the junk that will destroy the pump over a much longer timeframe.