RE: Covering
That's Monokote. You need a covering iron and a heat gun to use it properly. Basically it adheres to the clean surface with the iron and then you eliminate remaining wrinkles with the heat gun. From what I see in your pictures, your plane is a Kyosho Calmato. You should check if they cover their planes with Ultracote or Monokote because sometimes there are issues when trying to combine covering brands.