I was informed prior to refinancing this property I have to show 1 year of rental history with a tenant.

Zillow has shuttered their ibuying program within the last week.Realtors in my area (& this is prior to covid-19) are spending wasting less and less money on them, this was Zillow's primary revenue stream for years. 

I published an article on the BiggerPockets blog yesterday with 7 lessons I learned as an investor who owned properties (flips, rentals, notes) going into the 2008-2009 recession. For most of the lessons, I have the s...

Note if you refinance them, your cash flow situation is likely going to be about where it was prior to the value add but your equity has increased and what you have actually invested has decreased. 

Prior experience with multifamily.

Right now things are very uncertain, but prior to all of this getting 10% cash on cash in SF or MF was very difficult with out substantial value add.

This of course is a moot point if you don’t have any gains or the gains you have are being used to offset capital losses that you are carrying over from prior years or you expect capital losses from stocks or equivalent investments from Covid-19 (although I would also say not to sell when things are low).

I am not in a position to cover any major repairs as I have dwindled down my reserves prior to CV.

The big question is why didn't you ask or check prior to closing ?

I'll tell you though that I tried purchasing my first property at 22 with financing, and was turned away given my little income shown on my tax return (I was a student the prior year), no experience, and they didn't like the property location.