In a bowl, combine 1/2 cup flour and 2 teaspoons of Ranch mix.
In a second bowl, combine 1/3 cup flour, Panko crumbs, 2 teaspoons Ranch mix, and salt.
In a third bowl, beat together eggs and water.
Heat 2 inches of oil to between 360-375 degrees in a Dutch oven or deep skillet, preferably cast iron.
Dredge chicken in flour mixture, dip in egg mixture and then coat with Panko crumb mixture.
Frying 4 to 5 pieces at a time, fry chicken for about 4 minutes per side or until cooked through.
Serve with Ranch dressing.