Sonny, it sounds like a great deal indeed! Double check with your buddy about the gear set up b/c typically an octopus would be included in a setup like that so you shouldn’t need to buy it.
I did notice you didn’t mention booties which you would want as well but can easily be picked up for $30-$50, and you’ll probably want to add a dive knife and dive light(s) at some point down the road also.
I’m in Nashville, TN so as soon as you get your certification card let me know and we’ll do some diving together.