Or is that net operating income (NOI)?

They paid a $625 deposit +$250 pet deposit for the cats.After operating expenses and the mortgage we should have cash flow of about $200/mo. 

If I am operating under an LLC and I am trying to get property's under contract to then either assign or use some other strategy do I put down my LLC as the name of the Purchaser in the agreement.

If you can't see the operating expenses a buyer analyzed to arrive at their purchase which created the cap rate comps it's just a wild *** guess.  

Any suggestions on the best value commercial coin operated washer and dryers?

And be prepared to discover that employment verification has been outsourced by some employers to some third party operation such as The Work Number - and that these third party operations charge a fee (roughly $20) to verify employment; so do you pick up the cost for that, or are you planning to pass that along to the applicant?

You still pay taxes and other operating costs.

I'm open to invest in cities other than Austin and I operate another business, which is not RE related, out of Houston. 

I was operating on the assumption that dying anytime soon was not a part of the plan.

I was told that I needed to register my company with the states I will be doing business as a foreign entity in order to be able to operate in the states I do business in.