Create a locally signed Cert for a domain name.

MakeCert.txt

Step 1
Open 'Developer Command Prompt for VS2012' and run the following:

makecert -r -pe -n "CN=*.bobsburgers.local" -b 01/01/2000 -e 01/01/2036 -eku 1.3.6.1.5.5.7.3.1 -ss my -sr localMachine -sky exchange -sp "Microsoft RSA SChannel Cryptographic Provider" -sy 12

//We are using *.bobsburgers.local because this will allow us to use the single cert for all websites on the domain, like burgers.bobsburgers.local and fries.bobsburgers.local

Step 2
Open IIS, expand Sites, right click first site, Edit Bindings, Add HTTPS binding, select *.bobsburgers.local cert, click ok

Step 3
Go to mmc.exe, add snap in, Certificates, Computer Account, Local Computer, Ok
Under Cerificates, Personal, Certificates you will find your *.bobsburgers.local cert
Click and drap your *.bobsburgers.local cert into the Trusted Root Certification Authority\Certificates folder

Step 4
Open 'Developer Command Prompt for VS2012' and run the following:

Change directory using the following command:
cd c:\Windows\System32\Inetsrv\

Add the https binding for each subdomain:
appcmd set site /site.name:"burgers.bobsburgers.local" /+bindings.[protocol='https',bindingInformation='*:443:burgers.bobsburgers.local']
appcmd set site /site.name:"fries.bobsburgers.local" /+bindings.[protocol='https',bindingInformation='*:443:fries.bobsburgers.local']

Each subdomain will be accessible via 443 and not cause cert issues on the local machine!