First, Keep It Simple and Stupid (known as the KISS principle). Build something that works first, get some experience, and THEN consider a MIMO system.
Second, for digital demodulation of a signal, you probably want to have both an in-phase and a quadrature (I and Q) input to the A/D system and the DSP software behind it.
Third, don't re-invent the wheel. If you have never designed with RF before, buy some pre-made components from companies like Mini-Circuits. They have quadrature power splitters, mixers, amplifiers, voltage controlled oscillators, and the like. This will save you a lot of time, effort, and learning the hard way.
Fourth, learn to solder well. Given the sort of questions you're asking, I get a very strong impression that you may not have ever used one. It's not that easy or obvious. Pay attention to RoHS solder technologies and materials. (The geezer in me has a very bad attitude about RoHS solder --it is a classic example of pretending to be Green while making up protectionist trade barriers, installing planned obsolescence, and generally making a mess of the electronics industry)
Fifth, find some test equipment. Get a frequency counter, an RF signal generator, an oscilloscope and some attenuators. Learn to use them. You'll need this stuff to know whether your gear is actually working the way you expect it to.
Sixth (and this is important) some governments regulate radio receivers to be limited as to demodulation and frequency limits. Personally I think the notion is based upon Luddite grade ignorance --but those laws exist in many countries, including the US. Make sure you're not violating those laws. Some have NO sense of humor about such activities.
Again, read up on this. There are many more hints I didn't include in this message. If you know any ham radio enthusiasts, you might want to introduce yourself because they may have experience and equipment you might find helpful. And then again, maybe they just like to hear themselves talk on HF (stay away from those people)...