MORE UPDATE:
Looking at the actuating lever coming out freom the bell housing from above, it is installed in a downward position. Should it be rotated and turned updward? Is this what my whole problem issue is all about?
This video will show you EXACTLY what it should all look like. Forward to the 39 minute mark and go from there- https://www.youtube.com/watch?v=BsyCPauO4P0
There is also a detailed description and demonstration of what the "freeplay" should look like and will visually show you how much it should have.