For example, if you think it's going to cost you $500 to replace a bathroom floor, make it $1000 to replace it. 

This one needs minimal updates (paint, refinish existing hardwood floors, update kitchen cabinets (small kitchen, which is customary to area)).

We also installed new flooring & painted the laundry room again. 

If I spend $10,000 on new paint & flooring & misc.

Hi,What everyone using for rental property flooring?

The building is a historic building with nothing but walls and floors inside.

As @Wayne Snell rightfully suggest, you as the Mortgagee will be able to submit a reserve bid which will set the floor bid and any bid to purchase will have to exceed that bid in order to get title to the property.  

I think I will continue to fix major things and the exterior while they are there so that when they do leave, I can do a quick turnaround with interior cosmetics like drywall repair, paint and flooring.

They will look closely at the demographics.I've looked at a couple dollar stores but they kind of scare me because there is not much to it, just a big metal building with a concrete floor.

Hey-I purchased a condo at auction and am going to need to replace the flooring in two of the bedrooms.