When I touch one of my leds-from my meter reader-to the ground (bare), and one to the Neutral (white--residential). I'm getting a 120V reading. Does this mean I have a Hot Nue reverse on one of my recepticles? Any helpful hints on safe ways of using my meter reader is welcomed!
Does an appliance plugged into the receptacle work? If not, then it could be an open neutral and you are reading the hot-to-ground voltage via other appliances.
If an appliance connected to the outlet works, then it may well be reversed connections. Have you tried measuring from the hot terminal to ground?