Currently Being ModeratedMay 17, 2013 4:27 AM (in response to redpointtwelve)
You don't want to reset. A reset is just like a control/alt/delete.
If that iPad has his stuff on it, then you want to go tinto th settings, general and 'erase all content and settings'. This puts the iPad back to an 'out of box' state so you can set it up your way.
A reset will not erase the apps, but those apps are tied to his apple ID, which means he either needs to give you access to his apple ID, or you can never update those apps.
The best thing to do is to erase the content and settings, use your own apple ID and have everything on there be yours, not your friend's.