Warning message when opening the editor after moving MyCharacter blueprint

If the MyCharacter blueprint is renamed or moved to a different folder after the project is built in Visual Studios and then the project is saved and the editor shut down, the editor will give a warning message when trying to reopen the project saying "Default Property warnings and errors: Error: CDO Constructor: Failed to find Class'/Game/Blueprints/MyCharacter.MyCharacter_C"

1. Create a new Code project
2. Build the project and launch the editor
3. Rename/move the MyCharacter blueprint
4. Save the project and close the editor
5. Reopen the editor.