This method allows for full decal coverage of the plastic, if desired.
- fully cut, drill, and sand edges of plastic
- cut to shape, remove one side of the protective layer, and apply adhesive sheet to face do decal before final cut of decal perimeter
- do the same with clear vinyl, but on underside of decal for protection (in other words sandwich the print)
- cut out decal (works best with backlighting)
- peel protective layer from adhesive sheet and apply decal to plastic, and use a felt tip squeegee to ensure full and even even adhesion.
- use razor knife to cut decal where holes are from the backside of the plastic (but a slice in the decal through the hole, then use a turning sawing motion with the hole guiding your knife to get a clean cut)
Note that when you print your graphic, it should have color everywhere and no white circles or other shapes where cut outs or holes will be. These never line up perfectly in the end.
Also, when you drill the holes in the plastic, there is nothing special you need to do. Just be sure to have a sacrificial board underneath so that the plastic doesn’t flex around the exit.
Finally, I use a hand air grinder or Dremmel tool with small cutting disks and drum sanding bits for cutting and shaping the plastic.
https://www.amazon.com/gp/product/B00XZ5VUQK/ref=ppx_yo_dt_b_search_asin_image
https://www.amazon.com/gp/product/B0759SV64G/ref=ppx_yo_dt_b_search_asin_image
You don't want cheap photo paper, IMO. These papers often look blotchy when backlit. You want a nice quality paper that has an even textured appearance when you hold it up to the light. I use Epson ultra gloss or presentation matte depending upon the finish I want.