also, does she need to state specifically in that deed that she is 'quit claiming all rights' in the property to the grantee or should the words be 'quit claiming 100% of the rights'?

The third thing is to do due diligence by making sure that no one else can lay claim to the property ie; a WILL with beneficiaries.

I have recently lost my jobs and my wife is currently on medical maternity leave.

Since I just bought the property I have not claimed any depreciation. 

Covid may have made this issue more commonplace. My stepfather signed a (notarized) will and quitclaim deed to me in the hospital just weeks before he passed away. He didn't have a will before that time. It's taken a ...

Also rental income) Credit Score 780.My AGI $138,400 as a medical provider and rental income.

I am due to close on a property that I plan to house hack tomorrow in Houston, TX by the Medical Center.

Ok, assuming you and partner own the  property free and clear, you each can convey personal interest to an entity, typically using a quit claim deed

Incur the expense of refurb and have a forever cost of maintaining the pool is a big deterrent as it adds absolutely zero dollars to what I can charge for rent and there is always that legal liability of an accidental drowning or some accident where the liability insurance may not cover or claim exclusion. 

Have your insurance agent pull a history of claims before you buy.