UPDATE:
I purchased a used timer off eBay for $30. Installed it today and the washer is back up and running as it should! I didn't have to take the cover, the capacitor, the water pump, or the motor off... but hey, at least I am not gonna be afraid of replacing another part down the line as it is all super easy to get into. LOL
Thanks to everyone who posted on this thread giving me ideas on what to do!
PS... the capacitor was just fine. No bulges or leaks and charged up on the multi-meter just fine.
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