How long of a term do you want?

The condo has a right of first refusal. Within that right, they can review the terms of the original lease which will include dates of occupancy. So they can reject a lease that is too long. For renewals, I can't speak definitively (none of what I say is definitive anyway, I'm just a blathering grey poster), it seems as if there is a new opportunity for them to exercise their right of first refusal, and the by-laws may give them the right to require the similar application package at renewal time.

Also, it's worthwhile to read the condo by-laws. Some of the luxury condos are set up such that the amenities are rented to the owners within the maintenance (and therefore subject to terms and conditions and particularly payment of "rent" for the amenities aka the last dollars of maintenance), so, separate from residency in the actual apartment, there may be restriction on the tenant being able to use the amenities which would be a provision most in force when the owner is a deadbeat.