Mix in a blended rate of equity created by tenant, tax breaks and appreciation, then your return is much higher.

My lender told me I could not use it unless I have 25 percent equity in my current home or my place of employment is closer to the new home.. is this true and has the rules changed?

Your options would be a cash out refi, or a HELOC (home equity line of credit).  

If you think the home you intend to buy has a lot of equity in it you could get a HELOC on the property later or refinance it later to get your money back.

Keep in mind, each mortgage payment that you (and your tenant(s)) make is also paying down the balance of the note so you are getting wealthier in equity and not just off of the cash flow!

My cabin is also positioned in a weird spot marketing wise, it would not do well as a short term rental as it's not fancy or equipped for family and not large enough and not the right long distance views to compete with the higher end properties.  

I also am looking at current prices and see positive cash flow opportunities for rentals. 

I am a licensed Real Estate Agent looking for a position with a Multi Family/ Commercial Real Estate Company.

Positive feedback is appreciated. :) 

My goal is to get 70% of the equity at a low interest rate and low closing costs to buy more properties.