IIS Express - 500.19 Cannot read configuration file - because it's looking at the wrong path

Question

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

Answer 1

I got the same error on IIS 8.5 (not express)

For me it was because I had replaced the folder with a copy and renamed it while IIS was running. For some reason it kept erroring out. I had to remove the website definition from IIS and re add it to get it to work.