Soundproofing shared bedroom walls Condo using MLV

[Rojay Chase]

I have a 3 bd 2ba condo and I'm looking to soundproof the shared walls in between the rooms. A total of 3 walls. 

what is the best way to do this? I want it done right as this will be a long-term rental if everything goes as planned. 

Based on my research here is what I am thinking I should do.

Remove the current drywall | Add Safe n Sound Insulation | add 1lb MLV |Sealant around the walls and outlets | Fire wrap around the outlets then add 5/8 drywall. 

Do you think I need to add MLV on both sides of the walls or just one? 

Any tips or recommendations?