I am given that that $n,m,$ and $k$ are positive natural numbers, and have to find out which of the six statements above are true.
I know that $P(1)$ is not true, because $1$ cannot be written as $5k,$ where $k$ is a natural number; so, I can rule out the first possibility.
But I am not always sure how to even understand the predicate $P(n),$ for instance I don't understand the statement $P(n+1) ⇒ (P(n) \lor P(n+2)).$

It may surprise you but $P(1)$ is actually true.
Let's unfold its definition:
$$P(1)\equiv \exists k:\mathbb N.\ 1 = 5k \lor 1 = 5k+1 $$
So when you take $k=0$ this reduces to $1=5\cdot0\lor 1=5\cdot0+1$; and this second case is indeed true.
For the others I recommend that you do the same: unfold the definition. Let's see what happens for the other example you mentioned.
Consider $n:\mathbb N$. Then $P(n+1)\Rightarrow P(n)\lor P(n+2)$ unfolds to $$\big(\exists k_1.\ n+1=5k_1 \lor n+1=5k_1+1\big) \Rightarrow \big(\exists k.\ n=5k \lor n=5k+1\big) \lor \big(\exists k_2.\ n+2=5k_2 \lor n+2=5k_2+1\big) $$
With this you can assume the existence of a $k_1$, and will have to prove that either $P(n)$ or $P(n+2)$ holds for the two distinct cases $n+1=5k_1$ and $n+1=5k_1+1$.
For $n+1=5k_1$ you get that choosing $k_2:=k_1$ is enough since $n+2=5k_2+1$. (I used $P(n+2)$ here.)
For $n+1=5k_1+1$ you get that choosing $k:=k_1$ is enough since $n=5k$. (I used $P(n)$ here.)