Split the biscuits in half and set aside. In a saute pan, cook the sausage patties. Remove from the pan and place on bottom half of each biscuit. Add butter to the sausage fat and melt. Crack the eggs into the pan and cook to desired doneness. Top the sausage with a slice of cheese and then top with fried eggs. Place the other half of each biscuit on top of the eggs and smother with the sausage gravy.
Mix water and milk in a stock pot and slowly heat. Do not boil. In a cast-iron skillet, cook the sausage. The meat should be chopped frequently while cooking to give it a ground beef consistency. When the sausage is well done, carefully strain and save the grease and then add the meat to the water and milk. Put the grease back in the skillet over moderate heat. Stir in the flour, salt and pepper to make your roux. Cook this mixture until it will cling to the spoon and come off the skillet cleanly. When the milk and water mixture is just under boiling, stir in the sausage roux while turning off the heat to thicken the gravy.