Thanks sunthas for the information. I will clean the wall and coat it in primer today. Tomarrow I will apply the texture, but for now I will just coat the wole wall with primer. I am still concidering which color but of course I have to be finish with texturing first. So for right now I'll just focus on doing a good primer job before I start texturing with topping compound.
My To Do List:
a) 1 day to clean the wall and primering it with 1 coat
b) 1 day for texturing the wall with topping compound
c) 1 day for reprimering the wall after being textured
d) 1 day for painting the wall in 2 coats
hehe breaking it down to 4 steps in 4 days
hopefully this should make it easyer.
For today I will be doing step A.

I'm putting down the steps just in case someone else is doing the same thing as me. If I did something wrong I will write about it so that other will not do the same.