State Machine Timing - on Compact RIO

A time loop does one processes at a time. While a while loop do more than one process simultaneously (depending on if machine has multiple core processor)? 

Would it be possible to put a time loop inside a while loop on RT machine (specifically NI cRio-9076)?  I want to do a state machine with event based timing (see attachment) or state with periodic timing (see attachment).

The state that contains the time loop will be used to acquire data. Thus it will be deterministic.

Can someone tell me if this is doable?  

-Would I have to change the priority on the while loop to 100?

Thanks alot.  

*Also i am using the RIO Scan Interface