So again, i'm not sure how it got there or how to get rid of it. If anyone can tell me how to get rid of it, that would be great. Thanks!
You activated "render border" with CTRLB. Easily remove it with CTRLALTB.
The red area allows you to render only that rectangle when you are in viewport "rendered" view mode, it helps to quickly check the rendering settings for only a small portion of the scene, in the viewport.