Generally the reliable cleanup required for clean water damage is far less. All you have to do is completely dry out your home. After everything has dried, check for mold. By leaving all windows and doors open, your home will dry much more quickly.
With a putty knife, carefully scrape the remaining parts of the wax ring from the area. Clean the spot so that the new wax ring will be level. Place a new wax ring on the opening and replace the toilet. Bolt it back onto the floor, reconnect the water line repair supply tube and watch for leaks as the water is turned back on.
After you have the stems out you should be able to find the washer on the "inside" end. If it is nicked, torn or brittle it is likely the cause of your drip. Even if it looks brand new, go ahead and replace it. You've already come this far. You can get replacement washers at almost any hardware store. Sometimes you may want to replace the whole stem, especially if the handle end is stripped out. It's best to just take the stem with you to the store and see if you can match it up. Most Do It Yourself stores have replacement stems for many popular brands. If your valve has a center diverter valve to switch the waterfrom the tub spout to the shower head the same process applies. Many times it is easier to replace the diverter stem than to repair it. This really depends on the design of the stem.
10) Tighten down the closet bolts making sure NOT to use too much torque. You aren't installing tires on a race car here so, take it easy Mr. Goodwrench. You just want to hold the toilet in place, not crack the porcelain base of the toilet or damage the drain flange.
Here are some general cautions. Do not begin jobs on holidays, weekends, or at times when plumbers raise their rates or are difficult to reach. Do start early leaving plenty of daylight to call a plumber if something goes wrong. Study the situation carefully. Think about what might happen if something suddenly broke and what the effects would be. Old corroded copper tubing might break in the wall when you are wrenching an angle stop that supplies the water line repair to your toilet. A flood in the wall could be costly. If the angle stop, on the other hand, is new and shuts off easily and you have another toilet in the house then it might make sense to repair the toilet yourself. Be honest, too. Are you handy with tools? Did you do well in shop classes in school?
And the way to know what's sufficient? Well, until the work is done an the bill paid you won't know for certain, but this is the best that can be suggested and normally works very well.
The next huge thing is to prevent and kill mold that has already started growing. Mold is the most dangerous thing when an area floods. Mold can turn deadly within a extended period of time. Use mold killing agents like Killz and other products on the the market. Be extremely thorough with this process. If the water flooded above the dry wall line, you MUST remove the dry wall to make sure you can replace insulation and dry wall which mold naturally is attracted to. Painting a Killz primer on the concrete is a great idea before installing new carpet and drywall. This will ensure that you have prevented future mold growth and will also ensure the safety of your family.