What do you show the bank when buying a foreclosure?

[Ryan Hannas]

Hello all,

My wife and I are looking to make an offer on our first investment property.  It's bank owned and has been abandoned for ~1.5 years.  There are are more issues with the house than the bank is aware, so I've put together a list detailing all of the issues and their associated repair costs, along with pictures to support my position.  I am planning to send all of this to the bank as justification for my offer rather than just pitching a low number.  My question is whether or not I let the bank know I am planning to flip the property and then show them the full picture (closing costs, my desired profit, etc.) or just remain silent on that topic.  Any thoughts/input are greatly appreciated!

Ryan