My purchase price on the property was $375k which means I have $325k of capital gains. 

My reasoning is based on average historical total profits (cash flow+equity gains) LA was #1 in the nation since 2000.

A lofty goal would be to gain 1 property a month for a total of 12 next year, each cash flowing 200$.

You've gained nothing. 

Texas Job Growth AcceleratesCOLLEGE STATION (Real Estate Center) – The Texas economy accelerated job creation in July 2018, according to the Real Estate Center's latest Monthly Review of the Texas Economy.The state gained 377,100 nonagricultural jobs from July 2017 to July 2018, an annual growth rate of 3.1 percent, higher than the nation’s employment growth rate of 1.6 percent.The nongovernment sector added 372,700 jobs, an annual growth rate of 3.6 percent, also higher than the nation’s employment growth rate of 1.9 percent in the private sector.Texas’ seasonally adjusted unemployment rate in July 2018 was 4 percent, lower than the 4.1 percent rate in July 2017.

@Josh ThompsonNot sure about the legal issues, however if you're single and not adverse to room mates they could stay and pay the mortgage allowing you to gain more savings for your next property.

You pay a little higher rate for a 30 year but you gain control of the situation for that cost. 

My assumption is that banks want to compete for business and that there would be a possibility some banks will forgo or absorb closing costs in order to gain the loan from a competing bank.

You can put in more money combined with $100K gain within the 180 day/45 day time frame.  

A lot of folks will argue with me on this, but play arround with the BP calculators and pay attention to capex (full rehab every 30 years), appreciation and mortgage pay down.