So, on the second batch, I used the recipe below, then I took half of the batch and added more glue and compound and mixed it until I got the texture I wanted. Doing it this way gave me two different batches, one thicker compound for shaping, and one smoother compound for overall coverage. Once you do the first project, you will be able to determine the clay texture that works best for you. The Cat and Dog were my first projects, I'm currently working on an Owl and Frog and the texture of those are much smoother and I will have less sanding to do before painting.
1 Roll of Toilet Paper (cheap works best)
1 Cup of Joint Compound (Pro-Form All Purpose at Walmart)
3/4 Cup of Glue (Elmer's Glue-All)
1/2 Cup of White Flour
Unroll toilet paper into large bowl and add water to cover the toilet paper. Let set for couple of hours and then take a handfull at a time and squeeze out the water and tear into small pieces. In a large bowl, add the joint compound, glue and flower and blend with mixer. Add handfull at a time of the wet torn toilet paper and mix.