"18"covered SL Banetsu Monogatari as seasonal Rapid (not LtdExp)
just need booking before seat ticket 520Y plus. (only "Green car" not covered)
Using all reserved seat cars is right
BUT,,,
SL train operating times are NOT matched oneday "18 travel" from Tokyo.
Niigata 9:30 - 13:32 Aizu_Wakamatsu
Aizu_Wakamatsu 15:25 - 19:01 Niigata (only one round/a day)
BC "18" not covered LtdExp(include Shinkansen) and some rural sections
18 covered local/rapid trains operate numbers not enough no good
so cannot reach morning Niigata also back from Niigata.
However, just see/take photo,video SL arr and dep at Aizu_Wakamatsu possible like this.
http://www.hyperdia.com/en/cgi/en/search.html?dep_node=TOKYO&arv_node=...Same route back by 16:22 dep local train from Aizu_Wakamatsu.
(HyperDia recommend by 17:12 rapid faster as total time until Tokyo arr 22:30)
So, if really want to take this SL train as oneway or round both
You should stay near Niigata stn before or on the day's night
or book a over night bus from/to Tokyo (18 not covered) around 4000Y
or take a Shinkansen from/to Tokyo on the day (18 not covered) around 10000Y
No other good smart skip plan. (Try Hichhiking?)