What details does it need?

So I would basically be adding a line to the current contract, with the specific details?

This is my first foreclosure property, so I just wanted to confirm the details.

I’d like a more specific ‘scope of work’ and detailed stage by stage punchlist type document so we can be on the same page.  

I read the forums and it seems to be possible, but most the details I found are for the seller.

I was really just hoping for some solid eye opening agreements to why he wants it all legal and written down.

This would be our first adventure into house flipping and we like the specific details of the neighborhood and it's potential but are unsure if the house already being gutted is a benefit or not.

Here are some of the details regarding the scenario:- Taken off market last month at 499,900 - Listed for auction yesterday with undisclosed reserve- buyer premium of 10%- Open for cash and financed purchase- down payment of 10k due by end of day of auctionMy scenario would be to seek financing.

I suspect that if you put that detail in request someone would know where geographically you can find that. 

Help, I'm going to give as many details as possible because I'm just getting started and could use some good advice.