Just rotated my tires yesterday, here are the steps I took
1) Got in the truck and set the parking brake.
2) Turned the key on, yes on and not running. Repeat, not the accessory position.
3) Pushed and held the lock and unlock buttons on the FOB until the horn beeped twice.
4) Stepped out and went to the driver's side front and using the end of a tire gauge deflated the front tire until the horn beeped.
5) Moved to passenger side front and repeated, then passenger rear and finally driver's rear. After the last tire it beeps twice.
6) Went back around and deflated or inflated accordingly.
One observation I did make, I have a 2500HD and tires are 80 rear and 60 front. The tires with 80 PSI deflated much faster and it took just a few seconds get a beep. The tires at 60 took MUCH longer to get the beep, so at the lower pressure of a 1500 I would think it would take even longer. Also you have a 2 minute limit per tire so that is why I think it much easier to deflate then to inflate as you can move around the truck faster.