I will definitely try to find the meeting that is on the 25th and attend.

Just before posting my message, I had filled out a form to contact a real estate lawyer that handles landlord/tenant issues so I'll definitely sit down with them as soon as possible and add on specifically what you describe to see if that is legal and if it is advisable for the state of AZ.

That is the exact definition of the contingency.Hopefully she finds another house and you can still do this deal.

Taxes are definitely high in Texas and the Austin area market is definitely hot which makes it harder to find deals.  

I would definitely bring this guy TONS and TONS of business with the volume that I have been doing this year. 

I definitely see the possibility of Cheyenne as Laramie is a smaller market and could be limited.

I'd note that the area that you target can definitely have an impact on that profile.

There may also be environmental overlay districts, historic districts, and other considerations to zoning that you have to be aware of, so I'd definitely start with the zoning regulations,  from the zoning/planning  department

Definitely draw up a partnership agreement.

Definitely fair market value.