Will be keeping my costs down by going more on the low end side.Two thoughts:1) Get a contractor to turn the little room into a powder room.

Put some--a little--into lids such as yogurt lids, sour cream lids, etc, along with some dry sugar of cocoa powder and slide them under the stove, fridge, back of cupboards, etc, where kids and pets can't get to them.Shouldn't take long before they're gone.

I wouldn't recommend using the peel & stick stuff unless it was just a powder room (vanity & toilet only).

v=ciaNQvbRriU__________________________________________________We drained the pool and then scrubbed it with powdered chlorine.

We also modified the footprint of our already existing first floor bath to work as a powder room for the main living area. 

Or should I keep my powder dry and save up cash to pick up multiple deals in a year or two once the market softens or corrects? 

Even if the market value of my property goes down 50%, I'll still be making money.The lack of liquidity could also work in my favor during a downturn assuming I have dry powder available. 

--I've budgeted no more than $140,000 for a near total renovation (roof, siding, re-wire, re-configure, addition of master bathroom and relocation of first floor powder room, etc, etc)--Comps justify an ARV of +-/ $750,000.  

Durabond is a compound in powder form, you have to add water and mix.

You don't have to use a powder nailer to attach the sheathing/underlayment to the concrete (in essence a "floating" floor) but that is also a possibility.