They have a duty to their shareholders/members to maximize recovery and minimize loss and not exposing the property (REO) to the open market would be negligent in my experience.Maybe you mean working with the owners through their agent or, maybe you mean working with the bank through their agent after the foreclosure.

As an investor you want to maximize your returns which is usually putting down enough skin to generate a solid rate of return.

I believe that the current rent is way too low/not being maximized and I would also like to update the unit. 

You may even want to set up different entities for the different type of activities you'll be involved in to maximize tax benefits.

In a few years after you know what you are doing, then worry about how to maximize profits.

Others want to maximize their return and don't mind investing a few hours into their investments in order to make it happen. 

As for existing tenants, I would maximize the rent as soon as possible, whether that is receiving the property vacant or increasing current rents.

I'm trying to maximize my savings.

Not sure if I want to hang my license with a flat fee company to have access to the MLS and maximize return in investements.  

To maximize our tax deductions and utilize every write off we can we need to set up an LLC..