I am figuring I am going to need to be at least at -4+ in the rear to clear that 10.5 wheel. I am running -2.5 now with the 9.5 inch wheel and the fenders rolled and it clears without rubbing. In the front, I have no rubbing issues now with the 8 inch 35et -1.4 degrees of camber. With the 9.5 in front I will probably need at least -2.5+ to clear.
I am planning on going with coilovers next year and will be at least one inch lower all round neccessitating the need for more negative camber.
BTW, nice write up on those control arms.
Good luck getting a 10.5 wheel to fit In there without flaring it. It's nearly impossible to fit a wheel bigger than 9.5 into the wheel well. If you're looking for a wheel with a lot of lip, it's not going to happen. The distance of the hub to the rear quarter panel is too small for nice wide wheels.
Friend put in 18x9.5 wheels in the rear, which has a working offset of +32 (or +30, can't remember). The rear fender needed to be flared out ( which didn't go too well since the lines of the body don't look good flared out), and it still had poke. He's getting rid of the wheels now because he realizes that it's fitment isn't proper for it, unless you have onikyan.
Another owner on the Japanese minkara blogs is using a 18x9.5 wheel with a +35 offset, and it barely tucks under the rear quarter panel, with the wheel almost touching it. He has -5 camber with camber arms and custom control arms.
Why do you want to have a 10.5 wheel anyway? I'm assuming that you arent going for "more traction" since our cars are FWD anyway, but if you're looking for aesthetics in having a huge lip in the rear, you won't be able to do it without extensive modifications. With the only allowable width from the quarter to the hub, the only "width" the would be from inside of the hub, and you won't be able to see it.
I currently have a 19x8.5 and a +35 working offset. It has only 7-8 millimeters to the quarter panel. My next wheel setup will be 20x9 with a working offset of 38. It will have a 2.2 inch lip which is the absolute maximum without having to do extensive flaring or modifications. New wheels will be coming next year though.
Going from a 9.5 inch width wheel to a 10.5 width wheel will increase the wheel width on both sides by 13 mm. Basically, adding one inch of width to any wheel will use up 13 mm more space. Looking at your pictures, your mz5 is pretty conservative in height, but if you're planning to tuck wheel, I would worry about clearance on the inside and outside of the wheels.
Edit: here's the japanese blog set.
http://minkara.carview.co.jp/userid/589775/car/504226/937246/note.aspx
The wheels are all 18x9.5 offset +35, and the tuck under barely with the massive amount of camber he has. If you can see, there's no room between the wheel and quarter panel anymore.
He has since put 5 mm spacers on there so it barely pokes out. Unless you are looking for an oni-kyan (鬼チャン, or stupid crazy camber) look AND you're trying to tuck the tire, good luck, I'm looking forward to your project! If you dont plan to tuck tire or wheel, you can run 20x10.5 or even go 20x12 and go mexiflush or donk style and it wouldn't matter.
Not trying to steer you away from an interesting project, I'd love to see it done if possible. but just think of all your other variables before you invest in another set of wheels which you may ultimately regret because it doesn't fit right with only minimal modifications. When I mean minimal, I mean just a roll, a slight pull, and camber arms. Extensive modifications include flaring, cutting, welding, and custom control arms. Also is your car a daily driver? Have you driven a car that has oni camber? Guarantee the tires won't last long if you daily drive a car like that.
Anyway good luck. What wheels were you planning on getting anyway?