I use AC stripper as much as I can. The areas I cannot get to, or has significant rust I will media blast with a siphon feed blaster.
When using the stripper, I wear acid gloves and an air filter mask to filter the fumes. After the removing the paint I wash down the surface with soap and water, and wipe dry. There will be places where some paint does off so I hand sand the entire panel with 80 grit paper.
Be prepared, there will be rust under the paint. Most of it will be the small spider rust which is easily removed with a wire wheel, but you will encounter areas with heavy pitting, which I attack with the blaster.
I then apply phosphoric acid to small areas at a time using a course scotch brite pad, working vigorously on the areas with rust. This is then wiped off. To prevent flash rust, I apply Picklex20 which will prevent rust so long as it is not exposed to water or sweaty hands.
When the time comes to apply primer, I will scuff the surface with scotch brite and then do the normal paint prep.
Tools used, razor scraper, angle grinder (seen in picture) with a course wire wheel, a die grinder with a couple of different wire wheels, scotch brite, and a siphon media blaster.
Here is a picture of the rear of my car during the stripping process, and yes that is body filler.
Here it is after stripping, sanding, and wire wheeling. Notice there is still some rusted areas around the license plate light hole that I will media blast. Also note the ear protection and the air filter mask. (The bumper was attached to verify my repairs to the mounting brackets were correct, thanks to 2wrench for his pictures which helped me attain the proper fit)
This is a shot of the trunk area. You will notice a lite flash rust on the vertical area above the floor where I have yet to apply Picklex20, the floor itself was coated a couple of weeks ago. Also note the angle grinder, sanding pad, roll of 80 grit sandpaper, scuff pad pieces, and bottle of ACE Hardware phosphoric acid.
Actually the process goes pretty fast. Hope this helps.
One last thing, be prepared to find more rust then you think there is and possibly body filler as I discovered.