dm: tidy local_init

This patch tidies local_init() in preparation for request-based dm.
No functional change.

Signed-off-by: Kiyoshi Ueda <k-ueda@ct.jp.nec.com>
Signed-off-by: Jun'ichi Nomura <j-nomura@ce.jp.nec.com>
Signed-off-by: Alasdair G Kergon <agk@redhat.com>