Event 4656 - Map error TFS when adding new solution

I had created a new TFS Collection and was attempting to add my first solution to the new collection.
Each time I attempted to add the solution to the collection I kept getting errors.  I then tried to map the local drive for my workspace and go the Access to the path is denied.  I checked the logs on the TFS server and each time I got the error I logged a 4656. 

I started digging since VS output window gave me the location

C:\ProgramData\Microsoft Team Foundation Local Workspaces

I checked the permissions for this folder and discovered that my local sa account did not have access to the folder.  Each time I was attempting to add the code to TFS it goes to this local directory as the account you are logged in as.  Added my permissions and the problem was resolved.