I have an investment property (5 Bedroom house) . With some modifications i.e. extra kitchenette, closing-off walkway, additional bathroom,additional door, moving shed etc, I can split it to 2 separate units (3 br + 2 br) and rent out to separate tenants. Please note that I am not talking about subdivision here, purely for rental yield. Cost will be about 25-30k. This will lead to increase in rental by about 40-50%. Only concern is how will it impact resale value. Need to be confident that I am actually also adding value to the property for capital gains point of view and not affecting it due to short term rental gains. Otherwise funds might be spent focusing on improvements in the property. Does any one have experience doing something similar ? Any advice / inputs are welcome. Thank you.