Lol, tell me about it. That's the one thing about E85 that I've never liked. But unfortunately it's a property of the fuel due to its chemical composition. I hate having to fight this with many of the chemicals I work with in the lab. Knowing how big of a problem it really is and having seen / experienced problems with contamination in the lab, it'd scare me to rely on this fuel.
Water contamination of the fuel = bad. The more water the fuel absorbs the more you decrease its energy content. Making the potential benefits of the fuel to not be fully realized.