I would not count on the booth to filter everything out of the room, as good booth designs usually use water to trap any incoming dust and it uses pretty good size fans, also the output of the exhust will surely piss off your good neighbors, unless maybe your in the middle of a 100 acre ranch...
I would recommend going to a couple local paint booth's and talking to the owners an seeing if they will rent you a booth for the entire day... i used to do this when i left the body shop job and started a new career. It's important to let them know you will leave the booth in the SAME condition as you found it in and that you will not do dumb stuff such as spray walls etc... yes it happens. You need time to tape it off and then spray and walk away and pick it up in the morning... unless your going to trailer it.
as you probably will be since you'll be pulling all your glass out as you better not be taping off the rubber around the windows etc etc
2cents