[kimchi]

I know this is an old post, but I found a solution of my own
My HLDS was located in C:\Program Files (x86)\Valve\HLServer

but whenever I typed that in the steamcmd, It seems like the space after 'Program' registered it as the end of file directory.
SO it kept reinstalling in the folder 'Program' in the C drive.........

When I tried the launcher in the 'Program' folder, it worked FLAWLESSLY!
I just had to share this here in case anybody was killing themselves trying to figure this out.