This is a step-by-step solution that worked for me based on previous answers (several threads):
Local installation of the 64-bit version on a Windows 10 laptop.
Move installation file (.msi) to a temporary folder:
c:\temp\splunk-7.3.1.1-7651b7244cf2-x64-release.msi
Open a command prompt (CMD) with administrative privileges and start installation with enhanced logging:
msiexec /i c:\temp\splunk-7.3.1.1-7651b7244cf2-x64-release.msi /l*vx msiexec.log
Change the default installation folder/path in setup wizard, choose a folder other than the default program folders (c:\program files, c:\program files (x86) etc.) because of possible corporate restrictions/policys (folder permissions). I created a new folder when prompted in the setup wizard: C:\Local\Program\Splunk
The setup wizard then continued and installed Splunk as expected with no errors and web GUI (localhost:8000) worked fine.
I hope some of the above steps will help with any similar installation issues.
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