From a bassist perspective, try to incorporate your little finger when doing the root/fifth/octave arpeggios. It will require less hand movement in the long run (excuse the Eagles pun) and make the playing easier. As said, play the arpeggio on the verses aswell. Try to avoid playing open strings (your A I think) as you have less control over sustain etc.
Vocally, very promising, you have a nice texture to your voice. Harmonies a must on this Im afraid, as in all Eagles songs.
Drummer, cant really hear you mate, esp Hi Hat.
Guitarist, bit overpowering on the effects/volume at the start. Try to avoid the slides down the neck after the little fills. You obviously know the solo well, just needs practice...as we all do.
Nice effort lads and lasses.