Assuming it’s a simple condo and you vet your tenants very carefully, why the hell not? With a 1ba unit with single wet wall, electric heat, electric stove, and external water heater, there’s almost zilch to break if the unit was properly renovated.
This is basically the description of my apartment in NYC, apart from the stove being gas and the heat being central steam. In my 3+ years of living in it, virtually nothing has broken to the point that I would need a tradesman in the place immediately. Only things that happened were a sliding door derailing (probably $200 if I’d have called someone) and a dishwasher leak (fixed under warranty since the d/w was new).
I may add that we’re talking about a 102 year old building. A very well-built 102-year old building where the apartment was renovated in the last 5 years, but still 102 years old.