In a medium bowl, whisk the eggs, water, salt and pepper until no streaks remain.

Melt 1 tablespoon of butter in a medium non-stick skillet over medium-low heat. Add the eggs and tilt the pan to cover the bottom of skillet. Allow to sit for 30 seconds, then stir gently, until scrambled, about 3-4 minutes. Remove from heat and set aside.

Wipe out the skillet you used to cook the eggs. Melt 1/2 tablespoon of butter over medium high heat.

Use remaining tablespoon of butter to coat one side of each slice of bread.

Place 2 slices of bread, butter side down, in the skillet.

Top each piece of bread with 1 1/2 slices of American cheese, two bacon slices, half of the scrambled eggs and another 1 1/2 slices of cheese.

Top each with remaining slices of bread, butter side up.

Cook for 2-3 minutes or until bread is golden brown. Flip each sandwich and cook for an additional 2-3 minutes or until golden and cheese is melted.

Remove from the skillet and slice each sandwich in half.