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Aztec Flyer
I have had for 20 years, a recirc pump running continuously at my 1800sf home.
I would do that again; forget the timer/temp controller.
I would be ready to ditch the on demand water heater too.
I use a Grundfos circulating pump with timer and built in aquistat temperature override.
Model UP10-16B5/ATLC
Heated water is in an insulated tank with a heat exchanger coil supplied by my condensing heating boiler. I put in a dedicated re-circ loop. The timer is set to shut off the circulation during sleeping hours and kicks on ahead of when we are up.
OP might be able to install this pump at the far end of the system and use the thermostat to achieve the objective. But it would seem to defeat the primary objective of a tankless system - heating only the water you use as you use it.
Difficult to know what the best solution is given the physical limitations, finished interior, etc., but a supplemental local heater seems more logical than a tankless heater without a dedicated return loop running to keep the line hot. In a reservoir system the loop is returning to the tank and is not mixed with any cold water.