Utilizing the years of experience from the people on the forums will allow me to talk intelligently with a realtor, the property manager, the seller, and so forth.  

Wholesale fees are typically calculated by determining the difference between your contracted purchase price and the price an end buyer is willing to pay.

Are you utilizing REPS?

Because typically when I put a house up for sale, I will get a call from an agent that has (allegedly) a buyer, and they ask "are you willing to pay me 3% (or 2.5%)" and i usually work out something that works for both parties.But I wonder...is the buyer now responsible for paying their agent?

I hired a GC to manage the build out, but there has been no consensus on who is responsible for the utility payments (Water and Energy). 

If the property is sub-metered/ if you intend to have the tenants pay utilities make sure to mention that to them. 

It now cash flows beautifully, which I continue to utilize for other my other properties. 

We want to travel and invest and are considering converting this short term rental to a long term rental to avoid sales tax, paying utilities and general management of the property. 

The other half of the accounting records is coming from online purchases, utility payments, etc etc where they are sending you an email. 

That is how we typically do it