You are obviously confusing a minimally-funded whole life with a maximum over-funded policy.

What is the best approach to minimizing the amount of transfer taxes?

What is the best approach to minimizing the amount of transfer taxes?

The property is very attractive for investors because it beats the 1% rule, is in a prime location, needs minimal rehab, and the market trends are all extremely favorable towards this property.

Like others have said the first year is still the worst due to things missed which should be minimized but after that it should get better.  

Pay the minimal extra Tax, keep your DTI low (enough) and keep adding to your portfolio.  

The figurative and literal cure would be the magic pill, and a proven and tested vaccine would be developed.https://profootballtalk.nbcsports.com/2020/07/02/allegiant-stadium-is-98-percent-complete-ahead-of-the-july-31-deadline/

I learned that if I increased my minimum stay to 28 nights I could still double my rent and minimize my effort.I also learned that many of these medium-term guests book last minute.

This rule of thumb usually doesn't include precious metals, etc.Basically the shorter time period, the more someone would want to increase liquidity, minimize volatility, and not lose real money.  

I personally like to only invest in value add properties that require a good bit of work up front so I maximize the equity created, minimize stabilized LTV and maximize cash flow.