In a large saucepan, cook beef over medium heat until no longer pink; drain. Add the warm water, BBQ sauce and seasonings. Bring to a boil.

In a small bowl, combine cornstarch and cold water until smooth. Stir into meat sauce; cook and stir for 2 minutes or until thickened. Reduce heat; simmer, uncovered, for 10 minutes.

Meanwhile, cook hot dogs according to package directions, place in buns; top with meat sauce