I have heard about the "dreaded" nut on the rear of the manual transmissions but does this problem exist with the automatics as well ?
I just purchased a 97 3500 with 96,000 AT 4x4 - Are there any issues I should be looking out for ?

 

Nope, no nut on the rear, just a loose Converter.

Don't abuse it and you should be fine, some like my Brownie kill a Torque Converter.........

 

thank you PATDALY ! I am watching for other suggestions as well