Are you saying I need to take a second mortgage on the rental? 

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Let's of NYC investors look at other cities in NY, Rochester, Buffalo, etc... they can drive to them to see them, and they know the state well enough to feel comfortable.Most of the rust belt cities in NY offer cash flow as well. 

If it does go to probate, hopefully your brothers and you can amicably go the informal route vs formal (I've worked with families in both when buying properties out of probate and informal is FAR easier).Since there's no debt on the house, maybe you could sell with financing or maybe you could even buy out your brothers with financing -- that way you maintain ownership and just pay them a monthly amount.

Quote from @Breland Clark: I would like to know more about developing land and subdivisions for new builds and apartment buildings. talk to the land development arms in your city or state.

I'm not very intimate with the markets to the north and south, but I would start looking at price to rent ratios and decide what type of rental type and terms you want to invest in.

Many don’t track this statistic as closely as they should which is why many lenders go under.

Very cool- awesome to see the ambition!

Sounds like a cash out refinance would be the best way to tap into that equity. 

It is specific to the area.