Vacation Rental Operating expenses

[Kelly Williams]

I  I have just begun researching investing in a vacation rental. Can anyone point me in the direction of information regarding operating expenses for vacation rental?   Are there any simple rules of thumb to evaluate deals on vacation rentals similar to the 50% rule or the 2% rule? I am assuming these are not useful for vacation rentals due to the extreme difference in operating costs.

   If it helps, the properties I will be researching our single-family beach. Thanks in advance for any guidance.