When I was in your exact situation looking for help, they were the only ones that provided solid answers and walked my wife and I through the full transaction.

If they are the one providing most of the cash, they might not want to carry that liability, but you've already negotiated with your partners on this and then the bank isn't cool with it, you could be in a pickle.

I may be able to provide you with some information.What type of investments are you looking for?

-Provides peace of mind knowing you own the property outright, which can reduce stress, especially if income fluctuates during slower seasons.

This provides an international/affluent tourist pool whom are extremely unlikely to disappear regardless of local economic conditions.

is so what lender did you use that provide non recourse loan?

These areas can offer great opportunities for investors, often providing better cash flow and lower entry prices compared to LA itself. 

I have 0 experience ground up construction loan program nationwide that does NOT require GC to sign anything, only provide proof of 3 C/O's (certificate of occupancy) over the last year I.e. built received occupancy permission now unit is on market or habitable. 700+ FICO I can get you 80%LTC loan to cost on the project on ground up construction for 1-4 units.

As others have stated, you have not provided enough information to determine whether this is a good deal or not.

Can the agent provide comps?