Ahhh, my favorite thing to do!....Tell me if these are the qualities your looking for: "
PrepRite® SF-1™ Sealer" - Seals smoke stains, knots and tannins
- Seals out odors
- Provides an interior vapor barrier (perm rating <1)
- Ideal for drywall, wood and wood paneling, block, masonry, stucco, cured plaster, ceiling tiles and previously painted surfaces
Sounds like it to me!....sounds perfect actually....It's a sherwin-williams product and you wont find anything better, I guarantee it. For a topcoat you can use almost anything since you are creating a new substrate (surface) but maybe go with (SW) superpaint or styleperfect.
The floor is a different beast, due to higher traffic, so go with the same primer, but use
"High Performance Floor Enamel" -also a sherwin product....
- Adds color and style to interior wood floors or concrete floors - inside and out
- Ideal for stairs, basements and high-traffic areas
- Formulated to resist household chemicals, gasoline, motor oil, anti-freeze, transmission fluid and brake fluid
- Durable, long lasting and easy to clean
- Available in 1,000 colors
- Makes floors a focal point
- Applies easily with a brush or roller
- Cleans up with soap and water
Now to prep the walls, you'll need to scrape and possibly even sand a bit, to get all loose material off. You could wash if need be-(especially the stained walls). Same with the floor. Make sure to dust and clean both very well before painting. I've done this process tons of times, and use Sherwin paint for every one...it's awesome...
Good luck and please post a finished product when you get done...love to see the results!