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It depends. Smaller, younger trees take longer to mature, but they're more resilient, their roots don't get as damaged during transplanting, and they recover faster. Plus, they're much more affordable to plant, and it's possible to DIY the planting. 

On the other hand, mature trees produce fruit faster and provide more shade and privacy immediately. Ideally, a small or medium tree is the better choice if you can wait a few years for it to mature. But if you need immediate maturity, a larger tree is the only option.

Depending on the severity of the damage, a tree might continue healing for years after a split or a break. Saplings can usually bounce back in the spring in one or two seasons, but larger trees might take a few years to regain their former strength. If your tree is showing strong growth and is not dropping limbs, you can consider it healed after the first two seasons.

The ideal depth of a tree notch depends on the tree, but it should usually be between 20% and 25% of the tree’s depth. However, if the tree is leaning towards the direction of the notch, it can be cut more shallowly—at as little as 10% of the depth. When the tree is leaning away from the direction it needs to be felled, you can cut deeper, closer to 30%.

It is possible to cut down a tree on your property yourself, but it is generally not recommended unless specific conditions are met. You should only consider this project if the tree is small (e.g., under 4-5 inches in diameter and short enough that you don't need a ladder to reach the branches), and you are experienced in handling a chainsaw. The tree must also be located far from any power lines, fences, homes, or other structures. Even for small trees, the work can be dangerous, and it's always advisable to have a spotter to ensure the tree falls correctly and no branches fall on you.

For any tree that is large, requires a ladder to access, or is near electrical lines or structures, you should always hire a professional. Attempting to remove a large tree yourself is extremely dangerous, poses a risk of serious injury, and could result in significant damage to your property.

Before any tree removal, it's also important to check your local and state regulations to ensure the tree is not historic or otherwise protected by your city.