aws-sam-cli: Command 'local' is not configured correctly. Unable to import 'samcli.commands.local.local'

Description:

After installing v0.3.0, none of the commands work anymore and there is a configuration error shown

Steps to reproduce the issue:

1. Uninstalled npm version
2. pip install --user aws-sam-cli
3. sam

Observed result:

~/Work/project (master): sam
2018-05-08 17:43:58 Command 'local' is not configured correctly. Unable to import 'samcli.commands.local.local'
Traceback (most recent call last):
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/cli/command.py", line 100, in get_command
    mod = importlib.import_module(pkg_name)
  File "/Library/Frameworks/Python.framework/Versions/3.6/lib/python3.6/importlib/__init__.py", line 126, in import_module
    return _bootstrap._gcd_import(name[level:], package, level)
  File "<frozen importlib._bootstrap>", line 978, in _gcd_import
  File "<frozen importlib._bootstrap>", line 961, in _find_and_load
  File "<frozen importlib._bootstrap>", line 950, in _find_and_load_unlocked
  File "<frozen importlib._bootstrap>", line 655, in _load_unlocked
  File "<frozen importlib._bootstrap_external>", line 678, in exec_module
  File "<frozen importlib._bootstrap>", line 205, in _call_with_frames_removed
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/commands/local/local.py", line 8, in <module>
    from .invoke.cli import cli as invoke_cli
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/commands/local/invoke/cli.py", line 11, in <module>
    from samcli.commands.local.cli_common.invoke_context import InvokeContext
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/commands/local/cli_common/invoke_context.py", line 18, in <module>
    from ..lib.sam_function_provider import SamFunctionProvider
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/commands/local/lib/sam_function_provider.py", line 9, in <module>
    from .sam_base_provider import SamBaseProvider
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/commands/local/lib/sam_base_provider.py", line 5, in <module>
    from samcli.lib.samlib.wrapper import SamTranslatorWrapper
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/lib/samlib/wrapper.py", line 18, in <module>
    from samtranslator.validator.validator import SamTemplateValidator
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samtranslator/validator/validator.py", line 4, in <module>
    import sam_schema
ModuleNotFoundError: No module named 'sam_schema'
2018-05-08 17:43:58 Command 'validate' is not configured correctly. Unable to import 'samcli.commands.validate.validate'
Traceback (most recent call last):
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/cli/command.py", line 100, in get_command
    mod = importlib.import_module(pkg_name)
  File "/Library/Frameworks/Python.framework/Versions/3.6/lib/python3.6/importlib/__init__.py", line 126, in import_module
    return _bootstrap._gcd_import(name[level:], package, level)
  File "<frozen importlib._bootstrap>", line 978, in _gcd_import
  File "<frozen importlib._bootstrap>", line 961, in _find_and_load
  File "<frozen importlib._bootstrap>", line 950, in _find_and_load_unlocked
  File "<frozen importlib._bootstrap>", line 655, in _load_unlocked
  File "<frozen importlib._bootstrap_external>", line 678, in exec_module
  File "<frozen importlib._bootstrap>", line 205, in _call_with_frames_removed
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/commands/validate/validate.py", line 16, in <module>
    from .lib.sam_template_validator import SamTemplateValidator
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/commands/validate/lib/sam_template_validator.py", line 5, in <module>
    from samtranslator.parser.parser import Parser
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samtranslator/parser/parser.py", line 2, in <module>
    from samtranslator.validator.validator import SamTemplateValidator
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samtranslator/validator/validator.py", line 4, in <module>
    import sam_schema
ModuleNotFoundError: No module named 'sam_schema'
Usage: sam [OPTIONS] COMMAND [ARGS]...

  AWS Serverless Application Model (SAM) CLI

  The AWS Serverless Application Model extends AWS CloudFormation to provide
  a simplified way of defining the Amazon API Gateway APIs, AWS Lambda
  functions, and Amazon DynamoDB tables needed by your serverless
  application. You can find more in-depth guide about the SAM specification
  here: https://github.com/awslabs/serverless-application-model.

Options:
  --debug    Turn on debug logging
  --version  Show the version and exit.
  --help     Show this message and exit.

Commands:
  package  Package an AWS SAM application. This is an alias for 'aws
           cloudformation package'.
  init     Initialize a serverless application with a...
  deploy   Deploy an AWS SAM application. This is an alias for 'aws
           cloudformation deploy'.

Expected result:

I expect the commands to work as expected. Displaying help should simply show:

Usage: sam [OPTIONS] COMMAND [ARGS]...

  AWS Serverless Application Model (SAM) CLI

  The AWS Serverless Application Model extends AWS CloudFormation to provide
  a simplified way of defining the Amazon API Gateway APIs, AWS Lambda
  functions, and Amazon DynamoDB tables needed by your serverless
  application. You can find more in-depth guide about the SAM specification
  here: https://github.com/awslabs/serverless-application-model.

Options:
  --debug    Turn on debug logging
  --version  Show the version and exit.
  --help     Show this message and exit.

Commands:
  package  Package an AWS SAM application. This is an alias for 'aws
           cloudformation package'.
  init     Initialize a serverless application with a...
  deploy   Deploy an AWS SAM application. This is an alias for 'aws
           cloudformation deploy'.

Additional environment details (Ex: Windows, Mac, Amazon Linux etc)

macOS High Sierra 10.13.2 MBP 2017 2.8 GHz Intel Core i& 16 GB of RAM

Output of sam --version:

~: sam --version
SAM CLI, version 0.3.0

Optional Debug logs:

Add --debug flag to command you are running

$ sam local invoke project --debug

2018-05-08 17:49:09 Command 'local' is not configured correctly. Unable to import 'samcli.commands.local.local'
Traceback (most recent call last):
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/cli/command.py", line 100, in get_command
    mod = importlib.import_module(pkg_name)
  File "/Library/Frameworks/Python.framework/Versions/3.6/lib/python3.6/importlib/__init__.py", line 126, in import_module
    return _bootstrap._gcd_import(name[level:], package, level)
  File "<frozen importlib._bootstrap>", line 978, in _gcd_import
  File "<frozen importlib._bootstrap>", line 961, in _find_and_load
  File "<frozen importlib._bootstrap>", line 950, in _find_and_load_unlocked
  File "<frozen importlib._bootstrap>", line 655, in _load_unlocked
  File "<frozen importlib._bootstrap_external>", line 678, in exec_module
  File "<frozen importlib._bootstrap>", line 205, in _call_with_frames_removed
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/commands/local/local.py", line 8, in <module>
    from .invoke.cli import cli as invoke_cli
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/commands/local/invoke/cli.py", line 11, in <module>
    from samcli.commands.local.cli_common.invoke_context import InvokeContext
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/commands/local/cli_common/invoke_context.py", line 18, in <module>
    from ..lib.sam_function_provider import SamFunctionProvider
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/commands/local/lib/sam_function_provider.py", line 9, in <module>
    from .sam_base_provider import SamBaseProvider
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/commands/local/lib/sam_base_provider.py", line 5, in <module>
    from samcli.lib.samlib.wrapper import SamTranslatorWrapper
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samcli/lib/samlib/wrapper.py", line 18, in <module>
    from samtranslator.validator.validator import SamTemplateValidator
  File "/Users/john.bland/Library/Python/3.6/lib/python/site-packages/samtranslator/validator/validator.py", line 4, in <module>
    import sam_schema
ModuleNotFoundError: No module named 'sam_schema'
Usage: sam [OPTIONS] COMMAND [ARGS]...

Error: No such command "local".