So from what I found on the internet is that this error message can be triggered by a few situations:
Situation 1 - NTFS Permissions issue
It is possible that the SYSTEM security user does not have permission to all of the resources needed to install the product. (source1, source2)
There could also be an issue with the permission on the %temp% folder. (source)
Situation 2 - User account Issue
It is possible that there is something wrong with the local profile of the user you created. Something as simple as having the wrong environmental variables could cause a problem. If this is part of a Domain, I would check the GPO settings for this account. If not, I would backup any user data in the profile and delete it. This should rebuild the profile and hopefully give it the proper settings. (source)
Situation 3 - Turn off Admin Approval Mode
In windows, Admin accounts don't operate with admin rights. You must escalate to an admin user in order to access certain protected areas. Even if you turn UAC off, this setting remains on. The only way I know of to turn this off is to go into the registry and modify the EnableLUA key.
Run Registry Editor (RegEdit) and navigate to the following registry key:
Locate the following REG_DWORD value:
Set the value of EnableLUA to 0.
Hope this helps