What payment method do you recommend?

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Depends on your level of paranoia. "Easiest" and most liquid are bank transfers. More freedom orientated and less liquid are Cash by Mail and US Postal Order.

How risky is cash in the mail? Is there a max amount you'd recommend not exceeding? Or do you get insurance to mitigate risk of theft?

You should video record the packaging process, use some tamper proof bags. If issues arise with the seller hopefully you can use mediation on Bisq.

https://bisq.wiki/Cash_by_Mail

This.

I've done many cash buys over $500. Its my favorite way to stack.