Lots of people have painted without a booth. I think that compressor will be a little small to do it comfortably without having to wait for it to catch up. I would NOT jump right in to painting your car on the first try. Grab a junk hood or fender and practice on that first. And before you even practice on the junk fender, set the gun up by spraying onto a piece of cardboard. If you have any mechanical skill, it really isn't too bad to learn. You may not be a professional body man by the time you're done, but for most of us the results will be reasonable.
Again, good advice! I couldn't agree more.
Painting a vehicle is quite an undertaking. Not for the faint of heart. I ended up making my own booth using clear Visqueen over the ceiling and covering the walls. I used a box fan in one window for exhaust and covered the opposite window with A/C filter elements.
Of course, I had to remove both of my other cars and a bunch of other garage fixtures. Fortunately, I had my wife help hold the plastic while I stapled it up. It was a time consuming job, I bullshit you not. It was alot easier to pull down everything after I got done.
Perhaps if you can do the prep work, or if you have a friend or two that can help with the bodywork and prep, maybe consider having Maaco shoot the car.
Why I chose to do it myself this time, because years back I had the car done at Maaco. It looked great for several years, but I cut corners as far as the prep was concerned and the paint started to peel. That's when I decided to take a crack at it.
Doing it yourself isn't going to save you much money. By the time you buy paint, primer and supplies, etc.etc. you have a sizable investment in this endeavor.
Lighting is very important. You can never have enough lighting....that's where i fell short.