PS4 11.52 what’s the easiest way jailbreak?

I received an old ps4 as a gift but I am lost on what I can do next. Don’t have any game demos like the Lua one download. Not my PSN on the console so I don’t know the login. Should I factory reset it? And will I be able to mod it from this point or am I out of luck and should just update the thing? Any advice is appreciated since I have no idea what I’m doing