Preheat the oven to 400 degrees F. Lay the bacon slices aluminum foil lined baking sheet and bake until crispy and golden and fat is rendered (see notes). Transfer bacon strips to a plate lined with paper towels.
Crack the eggs in a bowl with salt and pepper and lightly beat them. To a nonstick skillet over medium heat melt the butter. Pour the eggs into the skillet and allow eggs to sit undisturbed for 30 seconds. When the edges start to firm up, use a spatula to fold the sides of the eggs into the center of the pan. Repeat folding in the shape of a long rectagle until eggs are no longer runny. Remove eggs from the heat and divide into two portions and add cheese over the top. Cover with lid for 1 minute to allow the cheese to melt.
Add butter and jelly to one side of toast. Place the cooked eggs on the toast and top with bacon. Sprinkle with hot sauce and close the sandwich with the second slice. Serve and enjoy!
Bacon: Bake at 400 degrees F. Baking time depends on thickness but here are general starting times; beef bacon for 15 minutes; pork bacon for 12 minutes; turkey bacon 15 minutes.
Toast: Heat cast iron or heavy pan, over medium-high heat and melt 1 tablespoon of the butter. Place 2 slices of bread down in the buttered pan until it turns golden, 1 to 2 minutes. Another tablespoon of butter to melt. Flip the bread and toast 1 minute on the other side. Remove and set aside.