In a few months, I want to get into buying NPN/NPLs, such as those in bankruptcy.  

I’ve definitely been stuck in analysis paralysis, now I feel I really need to make up my mind and target purchasing my first OOS property in the next few months.

With rates where they are, I'd expect you don't plan to be in the mortgage for more than 3–5 years (maybe less) depending on where the bond market goes. 

Quote from @Kristin Vegas: Quote from @Paul De Luca: @Kristin VegasHow much cash flow is the property producing per month?

Welcome to the community, Nate! 

For example, there were a few recent duplexes for sale around $350K-399K, with 20% down, and the potential to get $1,200–$1,300/month in rents on both sides they would have the ability to cash flow.

And yes, it would need to season, usually 6 months to a year after you close.

Not a week, a month. 

We have no problem paying but want to see value.  

Quote from @Brian Clark: Looking to network in Southern Maine to learn and share about long term rental properties.