I know most banks are FDIC insured, but who knows how that whole process would go if it becomes necessary.Therefore, when these guys are saying they have cash ready, do they mean actual physical US dollars, cash in banks (like most Americans), or some other form of asset?

They saved it up the old fashioned way, through hard work and grit and all that.If the sales price is $100k, a typical "cash buyer" borrowed the money from Uncle Jeremy two weeks ago.

If any Americans with knowledge on this subject have information to share that would be greatly appreciated as well.

Enough information in a timely fashion to keep you updated but also allow the Property Manager to effectively run their business without putting you through an unnecessary emotional roller coaster ride.

its much like the Nigeran Prince scams that have been going on for decades.. we still all get those e mails.. but some must fall for it.Its just these scams have invaded our real estate space.However if your an American Greed fan.. watch the episode on Remmington Financial  these guys were the king of pump and dump due diligence lenders.. 

I paid cash for my own little $15,000 dollar piece of the American dream.

The barriers to entry for success (even out side of real estate) are minimal for people with a dream, which literally echoes the "American Dream" of the former eras. 

Something being trendy/fashionable in the moment is not always what leads to the upward trend you allude to.I think the key is innovation. 

The only advice is that if you're using Wells Fargo, don't expect your outgoing wire transfers to happen in a timely fashion.

@Robert KentosI would go with a commercial loan obviously. 1st colonial community bank and American Heritage Federal Credit Union we’re both good.