Bring water to a boil in a medium saucepan. Slowly whisk in the grits, reduce heat to low, and cook, stirring frequently, until thickened, about 20 minutes. Stir in butter and cheese until melted.
2
In a large skillet, cook chopped bacon over medium heat until crispy. Remove bacon and set aside.
3
In the bacon fat, sauté onion and garlic until fragrant and translucent.
4
Add shrimp and smoked paprika, season with salt and pepper, and cook until shrimp turn pink, about 3-4 minutes.
5
Stir hot sauce into the shrimp mixture if desired.
6
Serve the creamy grits topped with shrimp and garnished with chopped parsley and crispy bacon pieces.