I am thinking long term in planning what is best for my specific situation. 

Not to mention I ditched my iPhone 5S for the Samsung Galaxy Note 4 (battery life = sooooo much better, lasted TWO DAYS without charging) and I don't have iTunes on it (and I probably won't install it either). 

It would seem that you have the option, but not the duty, to terminate the lease due to the bankruptcy, but I'm not sure why you would want to remove a paying tenant.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

@Yousuf Kaleem Change the batteries in the smoke detectors.

I would use this as an opportunity to terminate the old lease and sign a brand new lease with both tenants and bump with a normal yearly increase.

Four days later I expressed my intentions of terminating the contract, shortly afterwards I recieved a electronic document stating no known leases, the document was backdated prior to my contract.

You can try a Google search for "lease termination penalty [STATE]" and read up on it, or consult an attorney.2.

My question is does the early termination clause apply to midterm rentals?

In terms of getting out of the contract should there be damage, and it can't be negotiated with the seller--Line 439 "Force Majeure" will allow you to terminate the contract just as long as the property is within the designated state of emergency area.