Pick out 8 to 10 medium potatoes that would make good baked potatoes. They don't have to be large, but you probably don't want them to be too small either. We prefer yellow potatoes.

Wash the potatoes well.

Then take a fork and prick each potato all over. This keeps your potatoes from bursting while cooking.

If you have a steamer basket, place it in your Instant Pot. This will keep your potatoes from getting overly moist from sitting in water.

Place all the potatoes in the steamer basket. 

Add water to the Instant Pot.

Place the lid on your Instant Pot, and hit Manual (or Pressure Cook); set the time to 8 minutes.

Let it naturally release when done.

Serve while warm with all the fixings that go along with baked potatoes... Butter, sour cream, cheese, bacon bits, etc.