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Wholesaling, like any real estate investment, has positives and negatives aspects.

(roof, well, tree roots raising the A/C unit at a 20 degree angle, soft, uneven  floors under carpet, etc.)  

The Book on Estimating Rehab CostsThese books will talk about the ins and outs of finding contractors and other members of your rehab team, scheduling any many of the other aspects involved in the processes or Rehabbing and BRRRRing,

Declining an investment only because of the absence of a sizable co-investment, even when all other aspects of the offering are exemplary, is an individual choice--right, wrong, or indifferent--it's the LP's money and it's the LP who should sleep well at night.

If you hired a roofer to put on a roof and 6 months later the gutters leak do you blame the roofer?!?

. - townhome you will own ( in your case ) 50% of the roof/siding/driveway/yard etc...

Things that drive the ARV the most - roof, plumbing, flooring, paintThings that don’t drive ARV as much - windows, landscaping, driveway

A failing roof or major basement/foundation issues yes - but not your usual missing smoke detector or leaky faucet. 

It is an older home and I know there will be some larger ticket repairs needed in the coming year(s) (roof specifically will likely need work soon).