@Rich Zellmer mitigation can in some instances help quite a bit and sometimes reduce premiums ~80%.

Yes he was responsible for her furniture as well as her legal fees plus additional money to her plus reduced rent (went from 3 to 2 bedrooms).  

Trance all of the income and expenses you are responsible for in report form and review that regularly with other people you trust and could help you reduce your expenses and possibly increase your income. 

You better not have any wetlands on your parcel because your buildable area will be reduced by that area plus a buffer.

Many lenders will take an initial look at the scheduled gross income versus the effective gross income and reduce the number based on estimated vacancy rates (which can be higher than actuals). 

That procedure will help you, hopefully, reduce expenses and increase your income by reviewing them regularly.  

Mitigation with foundation flood vents might also help reduce premiums along with fill or other solutions.

It will be reduced from a very cramped and cluttered 1 bedroom, 1 bath, kitchen and living area to a much more open and spacious one room studio with a full and enclosed bathroom.Why not just remove it and replace it with a new one you may ask?

If you're paying full price, perhaps they will reduce or let you not put anything down.  

But you can subscribe to other boards at a greatly reduced rate.