It depends.If the property that you ended up not buying is both the same asset class (residential/commercial) AND ALSO is in the same geographic area as where you are currently investing, you can write this off as "Expenses for Properties not Purchased".  

Transferring the deed to your LLC is somewhat more complicated then Greg's explanation. 

And while the normal course is for folks to grow actively and then transition over to passive investments, there's nothing wrong with going the other direction and starting with more passive investments that are opportunistically located geographically.  

@James Marshall Thanks for the explanation!

You could start there and then branch into some other strong areas that give you some geographic and niche diversification.  

I love the team that I have in place, which is a major factor keeping my focus in the same geographical area.Going forward, I'd like to explore multifamily rentals and maybe expand to a second market such as North Florida or Central Arizona.I'd also like to get more involved in the real estate investing community in general and attend some meetings at a local REIA.I'd love to share any of my experiences if it helps someone.I look forward to being more involved as a member of the Bigger Pockets community. 

And, this will tarnish their record.One of the keys to this is putting everything in writing and posting it on their door and taking a picture of it posted on their door and then sending them a text of the picture with an explanation. 

I've used Traveler's for years but with no claims filed - they more than doubled my rate without any explanation.

When rent is not paid on time the tenant should be immediately issued the pay or quit notice before seeking any explanations from the tenant.

There are restrictions on how close geographically & time that you can use the VA loan.