Unable to locate the android SDK tools error I have Windows 7 64bit. Installed Android Studio. SDK path is indeed C:\Users\bill\AppData\Local\Android\sdk. Copied pasted from explorer address bar to avoid a typo. Ran the SDK Manager and updated. Still getting the unable to locate the android SDK tools error. Registry is correct too. 

Any idea what I am missing ?
its easy with the new versions of Android Studios(2.0 or higher), all you need is good internet connection.

First you will open the AVD manager, then you attempt to create a new device.
You will be diverted to new window where you will pick a hardware and navigate using a "next button" to a page where you will see all the API and you can download and install directly from there. Just click on Download and it will download and install automatically.