Tremont is an excellent area with really high market rents and super high demand.  5000+ sq ft. is huge too, congratulations!

Hopefully we will be managing a handful of other STRs in the same market in the future.

How valuable is this location in that market? 

Mine have appreciated off of the charts in the Charlotte metro market.

I was interested in this type of deal because I was living in the area for another year and needed to build equity as well as dip my feet into the real estate market.

I can do financial modeling with you and talk to other new build investors it's a slow growth plan. build directly at 25% below the market and also identify land too. increase unit counts and get better economies of scale. single family homes will never perform like a three story walk up apartment. we build a stacked triplex in Columbus Ohio with a picture below, if you are set on Dallas look at land prices and see if the economics help. 

I plan to manage the properties myself until it conflicts with my regular job.I would appreciate any advice on these markets to ensure success and connect with local investors.    

I tried attending one in my local market a couple of times but felt like I was in some hotel ballroom being pitched on how the 12 year-old kid up in front would teach us all how to run to the back of the room to swipe $10K on our AMEX for the secrets of real estate investing.

I have a small team but work 3 different markets.

I would always lean towards markets that are landlord-friendly.