SCVMM Error 403 : %ComputerName; is not a valid network computer name

While adding your Hyper-V hosts to your VMM inventory. If you get the error below :

Error 403 : %ComputerName; is not a valid network computer name

please make sure you are resolving the DNS entry for that host correctly. Especially check /etc/hosts file for any incorrect static entries (that's was the problem in my case)