I figured the reason RSDlite wasn't working. For those who are experiencing similar issues with RSDlite not recognizing your device, I can confirm that it does not work with windows 8.1. You will have to run it in windows 7, or else it will not re...
I have another old desktop running windows 7. I tried it there and it was able to recognize my razr in fastboot. My laptop runs windows 8.1, and no matter what I did, rsdlite didn't recognize my razr. I think rsdlite just doesn't support 8.1 yet.