I thought about the port release issue but verified that nothing was using the ports using netstat. The other proxy was on another machine entirely.

No firewall on the computer (makes testing easier)

However, I got it up and running by using another port entirely. Instead of 8332, I chose 8339. Now it's up and running. Going to let it stabalize and report its stats back.

I do find it curious that nothing is trying to use 8332 (or anything close) but that port just won't work. I'll try some other software on the port later and see if it's an issue regardless of software.