We will both be on title and are planning to split costs and ownership evenly. 

My loan officer (I know...) said that people will let title know ahead of time and then complete the deed transfer immediately after closing.

In a 1031 you must take title to actual real estate. 

Then I just contact my favorite title company and they take it from there. 

Unlike the traditional 30-45 days that it takes to qualify and close a home through a bank, closing Sub 2 does not involve any banks or title companies.

@Jim Vani I would start with your local title companies, I suspect several of them would offer account servicing options. 

That could be as high as $14K to $15K not to mention Title fee's, origination fee's and days of interest another $7K to $8K.If you choose a lender or broker and they hit you with lender/broker fee's/points that’s another added cost.My best advice as a Banker is reach out now get a Pre-approval letter up front and give the Bank an idea of what neighborhood or a "mock" address and you can get an actual quote up front to avoid surprises.

After speaking with our banker, a title company, my accountant, legal, and others, it was determined that the insurance companies are not fond of rental owning companies doing more than just owning and managing rental properties due to liability risks. 

Also,  you will save a lot of money on discounts on rehab materials, vendors, contractors, title company numbers, etc. from their "mastery member" discounts . 

I think they don't know what to say so they're just using a generic post title.