I got into REI at the same time I started having babies, on top of a very busy career in IT.

Yes, offer what works for you and pay no mind to the appraisal.You will likely not change his mind, sellers of mom-and-pops are emotional and usually insist their baby is worth way more than it is.

In addition, more people are retiring every day, which is also a good thing for the southern markets as baby boomers from the north seek a warm place to retire.

Other landlords fight me tooth and nail on those 2% increases.  

We had all intentions of living here for a year or more; however, we recently learned that we will be expecting another baby soon, and this place is too small to fit another child.

The more you can find same/same the easier you might find it.Your age plus or minus a few yearsYour genderYour political leanings (if any)Your similar job typesSomeone from your gym, dance class, yoga, baby tumbling, etc...Introverted or extroverted like you.No scary baggage (creepy stalker Ex's).Same alcohol patterns (abstinence all the way to drink them under the table).Same age kids.etc...and Pluses:Cuts hair and can give discounted hair cuts at home, and etc...Fun to talk to.Same religious leanings.etc..Good Luck!

But now I have a wife & a baby on the way and an FHA loan already on a SFR.

Does this mean I have to give an offer in reference too the 100k value or the 950k ?

This was a less complicated baby blanket of sorts that she made when I was born - kicking myself for leaving it in the house.

Watch out for minimum loan amounts for conventional financing in your area too, the property needs to qualify as well. :)