The yellow symbol means that the editor cannot find the model you have selected, a few things you might want to check -
Try dragging out a few different models into the render window, if none of them work you have a serious problem with your CS.
If you notice that its mainly models with a "SI" prefix it means that your trying to use shiving isle's models but the editor hasnt properly loaded the content. (make sure you tick it in load files) - Same for the other official addon packs.
When your making a new container, make sure a .NIF file has been set, if you see a button saying "Add nif file" it means that that container has no model.
Try this - Drag out a container into the render window to make sure it works, if it does, right click on it in the list, choose edit and it will bring up the property window for that object. If you change the ID it will copy everything about the object including its model path. Then find the new ID you gave it and drag it out, hope that works.