Please help with possible first deal.

[Anthony Espinal]

A friend of mine is in the process of making a few deals came to me to be his possible partner. He has his real estate license and has been traveling for deals outside of our city. This is just 1 of the 3 deals he's trying to make and he's proposing we go 50/50 on the downpayment. Of course I'm nervous because it could be my first deal but it also makes me nervous that this is several hours away in Reading PA. I have no experience in this area and know nothing about it. I plugged in as many numbers as I could into the calculator.. What do you guys think?

https://www.biggerpockets.com/calculators/shared/414297/2bcae4d9-0bb5-4019-b412-8ee8c141edd2