@Chastity3 I've been listing private room with private bath in my home since I started hosting almost 3 years ago. I don't have any aspirations to do more than that- I get lovely guests and it's worked well for me so far.
I don't stress about how many bookings I get because I don't do this as a major source of income. The quality of guests I get is far more important to me than the quantity.
You're not exactly in the bottom of the barrel since Airbnb gives new hosts search priority, so you'll have that going for you for awhile.
You say your nightly rates are pretty cheap compared to your competition- I wouldn't do this- it will bring you less desirable guests. It can burn you out real quick if you're basically hosting for nothing once you find out the guest took hour long hot showers, cranked the AC up to high while out all day, etc.
I suggest that new hosts don't use Instant Book until you feel comfortable with hosting and learn the red flags of potential guests. Better to have them send Inquiries and Booking Requests so you can get a feel for them through messaging communication, ask questions if they haven't voluntered any information about themselves or the purpose of their trip, etc.
Try not to accept locals- they are often just looking for a hook-up place, or somewhere to deal drugs or party.
Don't be afraid to be firm about House Rules and personal boundaries and don't bend over backwards for demanding guests- they won't appreciate it, but will just be emboldened to be more demanding, and after you've tried to do everything you can for them, they'll still leave a bad review.
Good guests are appreciative, don't make unreasonable demands, don't treat you like their mommy or a concierge, and leave nice reviews. Those are the ones you want to do a little extra for.
Don't take long term reservations- you can run into all kinds of problems with tenancy laws if a guest stays longer than a month and they are terrible and you want them out. You might also want to set a 2 night minimum, which can eliminate a lot of those types I mentioned- those up to no good.
I was very lucky to get a wonderful first guest when I started- she told me she would leave a great review to get me started and she did.
Just try to enjoy hosting, don't fret over the small stuff or that bookings aren't rolling in fast and furious- it will all fall into place.
And make it a habit to read through a couple pages of the hosting and help forums here on a daily basis if you can- it's a really supportive place and we all learn so much from each other that can save you from learning it the hard way.