TL;DR:
Result: The end result was that the iDRAC snap-in card came loose and I didn't lose Enterprise. This error shows if you don’t have an iDRAC Enterprise card installed, change hardware and had "Collect System Inventory on Restart" enabled. Dell did not implement a separate license for Enterprise iDRACs until generation 12 and generation 13 servers, ie r720 and r730 servers. It is only hardware module to enable Enterprise before 12g which runs about 10-20dollars on ebay.
HP RDIMM RAM worked fine in my Dell r510 and Dell r710.
However, something to note. is that if you fill all of the memory bank channels. Your RAM will decrease in speed from 1333/1067 MHz to 800 MHz. There's a note at the bottom of this post talking about which RAM numbers to look for if you're on eBay looking for a used server. If you'd like more details on that open up the post and skip to the end. If you've had any experience where HP RAM didn't work correctly in a Dell Server please leave that in the comments so I can try and investigate that. Especially if it was a mix and match.