I took the things you pointed out, but modified things a bit. Within the profile field loop in members/single/profile/edit.php I added a series of lines like this:
`<?php if (bp_get_the_profile_field_id()=='7') echo "
Title Here
“; ?>`
Then added a css class to do all the formatting. Works great.
@Modemlooper- Thanks for the reply.
Do you know if that works for editing the fields, or just for displaying them? I tried uncommenting that using one of my field names, and it crashed my page. I will continue to play around with it.