HI, I HAVE THE SAME PROBLEM, I TRIED DOING WHAT CATALYST SAID: FILE>OPEN WEBSITE BROWSE TO THE TBH_WEB FOLDER AND OPENED IT.
THIS OPENS THE PROJECT TBH_WEB FOLDER BUT I STILL CANNOT GET THE THIS THREE FOLDERS TO OPEN:
1) TBHCustomEvents.csproj
2) TBH_Deploy.wdpro
3) TBH-Setup.vdproj


BRIESKORN, WHERE YOU ABLE TO OPEN THIS THREE PROJECTS OR FOLDERS??
  I AM USING VISUAL WEB DEVELOPER EXPRESS EDITION, DO YOU GUYS THINK IS BECAUSE OF THIS??

I said this a few messages above in this thread. You don't need the Events, Deployment and Setup projects, so just get rid of them. Open the .sln in Notepad and remove these 6 lines:

Project("{FAE04EC0-301F-11D3-BF4B-00C04F79EFBC}") = "TBHCustomEvents", "TBH_CustomEvents\TBHCustomEvents.csproj", "{0C021C6D-B110-4F5A-9D52-F8DB244553D6}"
EndProject
Project("{2CFEAB61-6A3B-4EB8-B523-560B4BEEF521}") = "TBH_Deploy", "TBH_Deploy\TBH_Deploy.wdproj", "{139B437C-600E-46B0-8AC6-D938A6D1FEC4}"
EndProject
Project("{54435603-DBB4-11D2-8724-00A0C9A8B90C}") = "TBH_Setup", "TBH_Setup\TBH_Setup.vdproj", "{C1DACB50-2470-4746-9B9B-AA75D149FF30}"
EndProject

and then delete the "healthMonitoring" section from Web.config.