I recently renamed my root TFS folder from D:\\TFS\\systemstfs to D:\\TFS\\sys because one of the project\'s paths was too long for Windows. Now, when
D:\\TFS\\systemstfs
D:\\TFS\\sys
In my case, the wrong path was recorded in a .vs folder in the zip i received from colleague. Normally, I'd get source through source repository where .vs is not checked in.
Deleting the .vs folder resolved the problem for me.