> I've deployed an openstack setup on my LAB (3-Node Architecture) and Im 
> observing getting the following error while launching an instance.
> Error: Failed to launch instance "ded": Please try again later [Error: No 
> valid host was found. ].
>
> 2014-07-28 13:24:59.389 2797 TRACE nova.compute.manager [instance: 
> 4b459e38-ab20-42e5-ae79-1e98a0730c85] PortLimitExceeded: Maximum number of 
> ports exceeded

That looks to be the issue.
Increase the port quota global / of the tenant and you should be fine again.

Cheers,
Robert van Leeuwen
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