Forgot to say something about test strips...
Most people print buy exposing for the highlights and adjusting contrast to control shadows (dark areas) What this means is you do your test strips across the bright sections of your pic (dark areas on the image projected on the easel).
So, assuming using Variable contrast paper, set up your enlarger by inserting a G2 filter. Stop down the lens 2-3 stops. Using graded paper you'd grab G2 I guess.
Lay a piece of paper across these highlight (dark on easel) areas and expose sections of the strip by covering up the stip with a bit of card (don't use photo paper as it's not opaque enough).
Numerous ways to time these test strips but if you've got something using f4 @ 20secs, I'd suggest stopoing the lens down one more stop (it will be sharper) and doing a sequence of 30,5,5,5,5 secs (paper will actually get 30,35,40,45,50 secs of exposure) and hopefully a likely time will be in there somewhere.
Once in the ball park, do another strip around that time to fine tune a bit. For example say 40secs looked pretty good, do another test strip of 36,2,2,2,2 (strips with 36,38,40,42,44 sec) to fine tune. Once you have your prefered time, do a whole sheet using that time to get an idea of the overall exposure.
Depending on your image, running test strips across (or up) a page may not tell you much. There are easels (including home made devices) that allow you to move the paper under the image so you expose the same section to different amounts of light. Without one of these devices, sometimes it's better to do tests using little bits of paper individually on the highlight area you want to get right.
Once you happy with the overall exposure for the print, you might like to alter the contrast to suit the picture you had in mind. Good experiment doing this at this stage of your printing career to see what happens. Using drop in filters (which I'm guessing your Durst uses) is handy because the exposure time will be the same for filters 00-3.5, then you double it for G4-5.
To use the lens (usually a 50mm camera lens but the enlarger lens might be ok)reversed as a loupe, you'll need to experiment with the distances for how far to hold it from the neg and how close to position your eye. From memory, you can't get your eye to close otherwise you won't see anything. Someone might be able to shed some light on this, as I haven't done it for a long time, nor have a lens handy to try it out! Also, try to place the neg on something where you can get some light shining thru it. During the day, a window works well. If you've got a flatbed scanner with Transparency adaptor, you can use that as a handy lightbox.
P.S. If you can't get a sharpish print when focusing on the easel, adding a single sheet of paper won't be a magic bullet!