The folder "iTunes" is on a locked disk or you do not have write permissions for this folder
I have scoured the internet for information and have tried multiple attempts at solving the issue. 1. I made sure all my permissions where correct. My System, Administrator, and my personal User all have full control throughout the PC. 2. I went through the properties in the iTunes folder and unchecked the Read-Only box to make sure it was not preventing me from writing. 3. I copied the .itl file into a new iTunes folder to see if that would make a difference. 4. I uninstalled everything that comes in the installer package with iTunes (Bonjour, Apple Support, etc). 5. I tried directing the iTunes .itl file to a previous version of iTunes. In all these attempts it still displays the message box: "The folder "iTunes" is on a locked disk or you do not have write permissions for this folder".
I do not understand how the disk could be locked or why is saying I do not have the proper permissions when I made sure all the permissions were given. I think something happened within the deep core files during the Windows 10 update which came into conflict with the iTunes update as this was the first iTunes update done on Windows 10. All were previously done on Windows 8.1.