I have combined several different recipes over the years to come up with the one at my house.
I buy a round steak and trim all of the fat off of it, cut it into a few pieces and pound it until it is about 1/4 to 3/8ths inch thick.
I season my flour with salt, black pepper, paprika and white pepper. About 1/2 tsp of salt, 1/4 tsp of the others.
I mix 2 eggs and some real milk (or mix 2% with half and half) and set it aside.
I pull out some wax paper and set it on the counter, the floured cutlets will set there for a few minutes.
Now comes the fun part.
Dredge the tenderized cutlet through the flour, shake off the excess. Dip the floured cutlet into the egg/milk mixture and then back in the flour. This is messy. Set it on the wax paper to rest for a few minutes. Do the next one and the next one and the next one the same way. If you can only do 2 at a time, you may want to wait to dredge them in pairs as the ones before are cooking.
Heat about 1/2" of oil, crisco or lard in a cast iron skillet over medium high heat. It is ready to use when a little flour is dropped in it and it sizzles, or a drop of water spits back at you.
Using a long handled fork, place the cutlet gently into the skillet, lay it away from you as you lower it into the skillet. Fry the steak on both sides (only turn once) until they are golden brown, reduce the heat to low for about 4-5 minutes, take them out of the skillet and drain on paper towels. You can also put them on a wire rack in a cookie sheet in the oven @ 200-250 degrees to keep them warm, if you go that route you may need to experiment with amount of time to cook on low as they will continue to cook a little in the oven.
After the cutlets are removed from the pan, pour off all but about 2 tablespoons of oil, keeping as many as possible of the browned bits in the pan. Heat the oil over medium heat until hot.
Sprinkle 3 tablespoons or so of flour (use the left-over flour from the chicken fried steak recipe) in the hot oil. Stir with a wooden spoon, quickly, to brown the flour.
Stirn a a cup or so of milk, stirring constantly with the wooden spoon and mashing out any lumps. Lower heat, and gravy will begin to thicken. Continue cooking and stirring a few minutes until gravy reaches desired thickness. Check seasonings and add more salt and pepper according to your taste. I have also used chicken boullion in my gravy at times to perk up the flavor a little bit. It was OK, YMMV.
You may want to use more flour to make a thicker gravy, you can always add liquid to it to thin it out to your liking, it is harder to get it thicker.
I like to have coarse mashed (lots of lumps) potatoes and corn to go with mine.
bob