Not the structure become rotten, but the image. Ask yourself honestly, if you were buying a subsale property where the neighbour unit is cramming 10 people in a sub divided, would you be motivated to buy that place?

I was not talking about beauty, instead I'm referring to the image or perception.

Anyway, I didn't say that the rental yields will not be good. On the contrary, the short term yields will look good but my point is, you are going to destroy the long term value of your property. Have you factored this in into your total returns projection?