If they would just sell it and give you the proceeds you'd probably have to pay a gift tax, maybe they can transfer a portion of their ownership to you but you might have to pay a fair market price for the share, maybe it can be transferred but probably not -- since you're supposed to pay taxes on gifts received and a transfer of the deed is just one form of a gift if you're not paying a fair market price for it.You will get some mixed answers and guidelines.

Right now I am planning on using a mix of sweat equity and contractors.

Both are fine unless you mix up the two.

According to the City, the project will eventually feature a mix of housing types, a transit center, retail and office space and an innovation district.

According to the City, the project will eventually feature a mix of housing types, a transit center, retail and office space and an innovation district.

Has helped hundreds of clients secure financing for single and multi-unit properties as well as funds to rehab them.Real Estate Goals:Looks to connect with others who have an interest in renovating properties.Currently Seeking:He offers 30 year term Renovation first lien mortgage products for both Investors and owners (who will occupy for at least 12 months). his focus is on mixed use properties, 2 to 4 units, condos, single family homes.

May have to shake up your portfolio mix and buy off-market.  

How to approach on finding out of market mix commercial properties or even multi unit properties in my area?

Once you have contracted out work to tenant other types of house work will arise. not saying that tenant is bad or anything but somethings just should not be mixed. 

Essentially suburban versions of urban neighborhoods featuring retail, mixed use, residential etc, all while being walkable and likeable.