If I understood correctly, you want an itemize environment each of whose items consists of a labelled display equation followed by a short description. And you want the bullet/dash to be aligned with the first line of the description.
Here is one way to do precisely that by encapsulating the equation and the description in a pair of parboxes:
\documentclass{article}
\usepackage{amsmath}
\begin{document}
You'll find a list of equations and corresponding descriptions below.
\begin{itemize}
% \itemsep=0pt %% <- don't add space between items
\abovedisplayshortskip=\abovedisplayskip %% <- always use long skips before equations
\belowdisplayshortskip=\belowdisplayskip %% <- always use long skips after equations
\item
\parbox[b]{\linewidth}{
\begin{equation}
\sum_{i \in V} x_{ij} = 1 \quad \forall j \in V \setminus \{0\}
\end{equation}
\parbox[t]{\linewidth}{
From any customer vertex, the total inflow should be of exactly 1 edge.
}}
\item
\parbox[b]{\linewidth}{
\begin{equation}
\sum_{j \in V} x_{ij} = 1 \quad \forall i \in V \setminus \{0\}
\end{equation}
\parbox[t]{\linewidth}{
The outflow from any customer vertex should be exactly 1 edge, with another sentence tacked on to ensure this item contains a line break.
}}
\end{itemize}
\end{document}

The inner parbox is only actually necessary if some of your descriptions span more than one line.
(Also, I took the liberty of replacing your \backslash by \setminus and quantifying over i instead of j in the second equation.)
For some reason I'm incapable of writing short answers, so here's some explanation:
Position of the bullet:
I have used \parboxes to align the baseline of the item (and the corresponding bullet) with the top line of the description. The options [b] (for "bottom") and [t] (for "top") govern the vertical position of these boxes: they align the baseline of the bottom/top line of its contents with the baseline of the surrounding text.
There is also a [c] (for "centre") option, but you can probably guess what that does.
An image probably illustrates this better:
Word \parbox[t]{8mm}{word\\word} \parbox[b]{8mm}{word\\word} word.

Spacing:
The vertical spacing was a little bit annoying to get right, and whether it is currently correct probably depends on personal preference.
Here are some issues:
You can't just put a display equation at the top of an \item because an empty paragraph will be inserted right before it (which effectively inserts a \baselineskip worth of vertical space).
We don't actually have to deal with this problem, however, since it is solved by wrapping the equation in a \parbox (which we did, albeit for other reasons). Hooray!
Normally, a vertical space of length \abovedisplayskip/\belowdisplayskip is inserted above/below every display equation, but if the preceding line is short \abovedisplayshortskip/\belowdisplayshortskip is used instead.
In this case, the short distances would be used because the equation doesn't know the length of the preceding paragraph since it that is in a different \item (and outside its \parbox).
I've set \abovedisplayshortskip/\belowdisplayshortskip equal to \abovedisplayskip/\belowdisplayskip (within this itemize environment only) so that the long distance is always used.
(Note: I believe the amsmath environments (like align and gather) always use \abovedisplayskip. I have no idea why and would love to know if someone can tell me.)
- The
itemize environment actually also introduces some space between every two items, i.e. above each but the first equation.
I think this is probably appropriate since it makes it clear that the equation belongs with the text below it.
If you uncomment the \itemsep=0pt line (or add the option itemsep=0pt, since you're using enumitem), the vertical spacing within the environment will be the same as it would be in a normal paragraph (I believe).
\begin{document}and\end{document}and you probably don't need most of those packages to illustrate this behaviour. You can get rid of that bullet by using\item[]instead of\itemto create an item without a label, but you won't get an equation number if you use the linked solution. – Circumscribe Jun 21 '18 at 16:08alignfromamsmathand add the textual comments via\intertext{...}– David Carlisle Jun 21 '18 at 16:27\[ \]is equivalent to $$ $$ at least for the compiler that TexStudio uses – ijuneja Jun 21 '18 at 16:33\[...\]and$$...$$are not equivalent and\[...\](oralignorequation) should be preferred, see https://tex.stackexchange.com/q/503/35864 – moewe Jun 21 '18 at 16:36\tag{...}option works in the\[...\]method (may not be ideal). I only use\[...\]since the TexStudio Keyboard shortcuts print it for me. – ijuneja Jun 21 '18 at 16:42\begin{equation}...\end{equation}is that such equations will be labelled (1), (2), ... automatically. You won't have to manually specify these numbers and, more importantly, won't have to change them when you later decide to add/remove equations to/from your document. – Circumscribe Jun 21 '18 at 20:11