For how much do you think you can sell the condo? Whether it's $200k or $400k makes a substantial difference in the decision making process. I suspect that the condo fees will make it a less than attractive rental. If the restriction on rental comes into play, it could be a financial calamity that costs you 10s of thousands of dollars (being forced to eat the mortgage until you sell it, or fire-saling the property).
How much liquidity do you have? If your renter decides to stop paying and it takes 4-5 months to evict, renovate, and place a new tenant, can you take a $10,000 hit after you pay the down payment for another house?
I'm guessing your best course of action is to sell the condo and rent month to month in the neighborhood you're interested in. This would give you a lot of flexibility (both temporally and financially) as well as give you a chance to "audition" a new neighborhood.