The only option would be to take taxable distributions from the IRA.IRS rules prohibit any self-dealing or personal benefit from the IRA.

My advice to you is simple:decide if you want a totally passive investment, where a project manger actually finds, rehabs, rents and distributes your cash flow back to you....or do you plan to be hands on?

I have purchased a few smaller multi-family places with the Solo 401k but use the cash distributions from those properties to go right back into the account. 

I can appreciate the complexity of distributing bulk expenses across many properties.

Wondering can you begin to take distributions monthly whenever you reach 59.5 or older less than or equal to the monthly positive cash flow?

This is the tax IRA must pay, then when you take distributions at retirement you would have to pay ordinary income tax. 

You will treat the cash out of the LLc account as distribution to you.

Do I just make the distributions to each of us and then each of us reports it on our own returns as other income without an official form?

@Lisa Graesser,If your husband takes distribution from an IRA now - he will be taxed and penalized on the amount he draws.

@Josh LyonsUsually, I take distributions from an LLC quarterly.