The thing that has raised my eyebrows is the lack of personal or principal information on the site or any information on BBB and this is the last reply.

I'd rather put less down but I want to be able to maximize this opportunity without making Uncle Sam raise an eyebrow.

I raise my eyebrows when I see it being recommended for those starting out with little capital and no experience.

Additionally, when completing the refi the reason supplied for doing the cash Out Refi would raise some eyebrows I would presume, but I figured the bank would just ensure those people are actually paid off much like they would with a reason being for a cash out to pay off or consolidate debt with me keeping the excess cash.

This would require a good real estate attorney to set it up properly so it doesn't raise any eyebrows.

Conversely, a CD or an IRA/401K that is less liquid might raise some eyebrows (but would probably still work, accompanied by a brief explanation such as the one you provided above). 

Since the IRS recommends segmenting the depreciation into these separate categories, it will not raise an eyebrow, or RED light.

You see so much crap out there that it makes you raise an eyebrow at everyone...

(eyebrow raised).

I'm sure if you do it a month before doing an exchange that will get an IRS eyebrow raised, but what about 6 months?