And by investing it somewhere it hopefully grows more than 5% per year- I have the possibility of having enough to pay off the mortgage even sooner than my original 25 year timeline. 

Your experience with listing the property for sale in a high-interest market highlights the importance of market timing, and it's great that you adjusted quickly by renting the property instead.

Is the tax now divided by the 10 lots?

Sure, private lenders can often be a great solution for overcoming these challenges since they offer: Flexible Terms: Private lenders are more flexible with loan terms compared to traditional banks.

With the new Affordable Homes Act , come Feb 2nd 2025, you can build an ADU by-right and also use the ADU as a long-term rental in Massachusetts.

. - Restricted by zoning.

All of those bring in higher rents and can offer more suitable space.

Despite rising interest from young families and institutional investors, the number of new SFR and BTR units is expected to decline sharply, from 34,000 in 2024 to just 9,500 in 2025, a 73% decrease.While demand remains, rent growth in this segment has turned negative, falling by 0.8% in Q2 2024 due to higher vacancies in 2023.

Look at Listed properties, open houses, for sale by owner (FSBO), wholesalers deals, any on site auctions you can find, and look at as many deals other investors own that they are willing to show you. 

I'm not in NYS, but in WA you can google the law and find what is required.Going off the top of my head here for WA:Deliver a copy personally to the tenant.If the tenant is absent, by leaving a copy with someone of suitable age and discretion at the rental unit AND mailing a copy.If neither of the above are possible, by posting a copy on a conspicuous place on the premises, handing a copy to any person living there, AND mailing a copy.There's also a form that goes along with notifying them.