For all of the expenses that I incur related to traveling, meals, etc that are deductible can I add these expenses to the basis of a property that I purchase in the future?

The girl at the register doesn't take your order then run to the back and make the burger, then go get your fries, come up pour your drink, then go to the drive through window and hand you your meal.

If too many cooks are in the kitchen instead of a beautifully cooked meal you have a mess to deal with. 

There  appears to be more house flipping gurus making  tours of the country offering FREE house flipping talks at hotels  including meals and free gadgets.  

Third, when I spend money on something business related (like almost all of my meals, travel, home office equipment, etc) I get roughly a 45-50% discount on the cost of the item due to the tax savings from expensing the item.

I am thinking of possibly the benefits of an LLP being that we can write off meals and entertainment for when we go out to eat and discuss the property and some asset protection being that there is two owners. 

Like building healthier jobs for teens.

If I were you, I would structure it where the investor is putting up all the equity needed, as opposed to piece mealing it as you described.

Do they eat out every meal?

Meals and entertainment are 50% deductible, I believe.