Renting a bank owned property will probably never happen. As stated ealier, most of the time the utilities are turned off, and the home is "secured". Banks hire companies to come around and maintain the homes just enough to show them to prospective buyers. The banks are adamant that once an offer is in place, that they will not allow early occupancy or even storage of the buyer's personal belongings until after closing.
So, even though it looks like the bank is losing money, in the long-run, they're going for the short, fast transaction.
In Alaska it is hard for the banks to keep the property service due to elements of weather.
Also they perverse to sell as soon as they are able after gaining title to the property because they make their money from interest.
Most bank owned properties are winterized and the utility's shut off so the bank doesn't have to worry about it.