So, I am planning an outdoor azurescens bed in the US hardiness zones 7 and 8 in NC, I plan on doing agar work to get a clean culture, transfer to grain, then grain transfer to sterilized alder chips, which i will then spawn to an outdoor alder chip bed in a low spot in a forest. I figured that the low spot would keep it cooler in the summer and a place for fog to collect after rain to keep humidity up. The spot does have adequate drainage so there will be no standing water or flooding.

My main questions are:

1. how long must the required fruiting temperatures for azures be held at in order to fruit, days, weeks?

2. What kind of heat tolerance do azures have? will the mycelium die in the NC summer heat? What temperature maximum will they tolerate.

3. Is there a chance this will work or should i just try my luck with P. caerulipes?

also if there are any suggestions you would like to make on my method or if there is anything i'm missing, please school me 

Here is an azure outdoor grow guide. http://www.magic-mushrooms.net/growing-psilocybe-azurescens.pdf

Outdoor cultivation of the wood lovers is possible in the plant hardiness zones 6, 7 and 8.
The range can likely be extended also to zone 5, but the beds will need to be protected by applying a layer of fresh wood chips or a thicker layer of straw to survive the low temperatures in winter.

Would it be a good idea to cover the bed with cardboard to keep it moist?
Yes, you can do this through the hot summer, although it is not essential. Definitely uncover it in Autumn.

How often should I water the patch?

Depends on the weather. If it rains at least one a week in the summer, you probably won't have to water it at all. Water it in times of prolonged droughts. Best what you can make though is to choose the location of the patch wisely, somewhere in deep shadow, possibly along a creek where the conditions are naturally moist throughout the year. It is also important to not over-water . The bed should be moist ~1 inch below the surface all the times for fast colonization , but don't let it sit in water. If you keep the bed moist, the colonization will speed up considerably. In drier conditions the colonization will take longer. I had a couple of patches that I didn't water at all throughout a very dry summer, and they still fruited after abundant autumn rains, wood lovers are quite hardy.

The last 2 bits of advice came from... http://www.fungifun.org/English/Psilocybe-Azurescens-Outdoor-Cultivation

Once, upon the cape fear peninsula, I was in the habit of PF tek style quick grows with golden teachers, and I used to seed my spent mycelium cakes in the woods out back. The acidity of the soil and the pitch pine needles that littered everywhere kept the mycelium from taking root, so I dug a deep bed and filled it with shredded barks and kibble broth, and finally the mycelium cakes took root, but the heat of midday made them small and withered. A simple cardboard box with small holes used as cover worked great, as it wasnt the heat that hurt them, but the direct sun.