Same Problem here.
A friend of mine is trying to host a local game. However, when I try to connect, it stalls out at initializing game and then kicks me to the main menu before saying 'creating player'. At this point it does nothing (I've waited ten minutes to see if it lets me in, but go.) My friend can connect to me (but my comp isn't as beefy as hers and we have issues) and I have uninstalled 7d2d via Steam and reinstalled, but not luck. We are running A17E, we both can connect to other servers and I could connect to her in A16 without issue.
I have the same problem although mine manifests itself when trying to connect to any server, although it was working ok this morning and nothing has changed.
I have uninstalled 7 days completely, deleted all folders, used launcher tools to delete all saves and maps and then re installed with no effect. I then went on to wipe my server and do a complete re install there as well with no change.
I'm on Windows 10 on an i7 with 32gb and 6gb dedicated graphics so fairly sure thats no the problem.
I won't post whole log as it is all normal until the end.
2018-11-29T18:22:12 189.321 INF Started thread ChunkRegeneration
2018-11-29T18:22:13 189.551 INF World.Load: New Cosena Valley
2018-11-29T18:22:15 192.059 INF Loading dtm raw file took 134ms
2018-11-29T18:22:15 192.194 INF Biomes image size w= 4096, h = 4096
2018-11-29T18:22:16 192.700 INF Loading and creating biomes took 641ms
2018-11-29T18:22:19 195.715 INF Loading and parsing of generator took 3014ms
2018-11-29T18:22:19 196.430 INF NET: LiteNetLib: Connection closed: Timeout
2018-11-29T18:22:19 196.431 INF [NET] DisconnectedFromServer: Timeout
2018-11-29T18:22:19 196.431 INF [EAC] Disconnected from game server
2018-11-29T18:22:19 196.435 INF Exited thread NCS_Reader_0
2018-11-29T18:22:19 196.435 INF Exited thread NCS_Writer_0
2018-11-29T18:22:19 196.435 INF Exited thread NCS_Reader_1
2018-11-29T18:22:19 196.435 INF Exited thread NCS_Writer_1
2018-11-29T18:22:19 196.449 INF SaveAndCleanupWorld
2018-11-29T18:22:19 196.450 INF [steamworks.NET] Stopping server
2018-11-29T18:22:19 196.450 INF [steamworks.NET] Exiting Lobby
2018-11-29T18:22:19 196.451 WRN GUIWindowManager.Remove: Window "crafting" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "character" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "workstation_campfire" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "workstation_forge" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "workstation_cementMixer" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "workstation_workbench" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "workstation_chemistryStation" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "looting" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "creative" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "backpack" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "dragAndDrop" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "compass" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "toolTip" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "tipWindow" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "questOffer" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "questTurnIn" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "timer" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "toolbelt" unknown!
2018-11-29T18:22:19 196.452 WRN GUIWindowManager.Remove: Window "vehicle" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "vehicleStorage" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "windowpaging" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "map" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "players" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "assemble" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "radial" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "skills" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "quests" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "journal" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "CalloutGroup" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "trader" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "dialog" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "sign" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "keypadEdit" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "powersource" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "powertrigger" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "powerrangedtrap" unknown!
2018-11-29T18:22:19 196.453 WRN GUIWindowManager.Remove: Window "powercamera" unknown!
2018-11-29T18:22:19 196.454 WRN GUIWindowManager.Remove: Window "powerspotlight" unknown!
2018-11-29T18:22:19 196.454 WRN GUIWindowManager.Remove: Window "materials" unknown!
2018-11-29T18:22:19 196.454 WRN GUIWindowManager.Remove: Window "spawnMenu" unknown!
2018-11-29T18:22:19 196.465 INF World.Unload
2018-11-29T18:22:19 196.472 INF World.Cleanup
2018-11-29T18:22:19 196.475 INF Exited thread ChunkRegeneration
2018-11-29T18:22:19 196.482 INF Exited thread ChunkCalc
2018-11-29T18:22:20 196.500 INF Persistent GamePrefs saved
2018-11-29T18:22:23 199.926 INF createWorld() done
2018-11-29T18:22:36 213.358 INF Preparing quit
2018-11-29T18:22:36 213.372 INF Persistent GamePrefs saved
2018-11-29T18:22:36 213.373 INF Cleanup
2018-11-29T18:22:36 213.392 INF AchievementManager.Cleanup
2018-11-29T18:22:37 213.592 INF OnApplicationQuit
2018-11-29T18:22:37 213.597 INF OnApplicationQuit
Setting up 4 worker threads for Enlighten.
Thread -> id: 25d4 -> priority: 1
Thread -> id: d28 -> priority: 1
Thread -> id: b44 -> priority: 1
Thread -> id: 20a8 -> priority: 1
Any help greatly appreciated.