If you are running the Centennial (Windows Store) version of OLW, the path checks for looking for the localappdata folders are failing as they likely are being created in a different place or the centennial version of OLW is not properly creating them.
WORKAROUND: manually create %localappdata%\OpenLiveWriter
If you are running the Centennial (Windows Store) version of OLW, the path checks for looking for the localappdata folders are failing as they likely are being created in a different place or the centennial version of OLW is not properly creating them.
WORKAROUND: manually create %localappdata%\OpenLiveWriter