I love the way how does your character look like on the paper in profile (a drawing at the bottom of your picture). Have you started with that puppet yet?
Hair for your puppet might be made of a human wig - you will just need to cut the fringe out of a wig or even use it whole.
Do you suppose you will cover your Monster puppet all in fur? I think it would look great in a long-hair fur!
Admittedly, they aren't the best in the world (especially the first, I had a lot of problems with him!) but I did put my heart into them.
And that's the point! When I was building my version of Jeff Dunham's Peanut puppet I had a lot of problems as well --- I had no pattern, I had to do everything by trial and error and as you mentioned - I did put all my heart into this puppet and I do love him so much, haha.

Keep working, we're waiting for the first results!