Cant access local server still not fixed!!
The Fix
Go to \Steam\SteamApps\common\Life is Feudal Your Own.
Delete the folder (and contents) named daemon.
Open steam and go to library.
Right-click on Life is Feudal in game list on left.
Select Properties from the right-click menu.
On the window that opens, click the Local Files tab.
Click the Verify Integrity Of Game Cache button.
This part might take a while... but it will check for missing files then re-download the corrupted ones we deleted.
Well this didnt work!..Dont get me wrong,,it did fix it where i can make new char,,but it also lost 256 hours of game play..and guess what,,,i even strated over,,built a new town,35 hours later..cant ACCESS local server,,all i want to do is play the game,,this is the next patch that should come out,,so far its been a waste of time and money,,understand that is early release and theres bugs,,we some atleast get to play the game with out having to start over,,sorry if i sound like a bitch.just like the game but scarce to play for loss of hours