Yes, any long distance travel to visit your assets or to conduct rental business can be tax-deductible as a business expense.
- Airline Fares
- Car Rentals and Taxis
- Hotels
- 50 percent of meal expenses during long-distance travel
The operative words are "CAN BE". I agree with the other answerer who commented that travel expenses to research or pre-purchase the property would not be deductible, only the travel expenses after purchase would be deductible.
