In a medium-sized bowl, whisk together about half of the flour (about 2 ½ cups, or 325 grams), granulated sugar, instant yeast, ground nutmeg and salt. Set aside.
In the bowl of a stand mixer, add the water. Set aside.
In a medium-sized sauce pan over medium heat, combine the whole milk and butter. Stir the two together until the butter has completely melted. Set the pan aside so the mixture cools a little.
Add the milk/butter mixture to the water and whisk until combined.
Add the lightly beaten eggs to the water/milk/butter mixture and whisk until combined.
Add the flour mixture you set aside to the wet ingredients. Using the paddle attachment, mix all of the ingredients together on low speed for 15 seconds. Turn the mixer up to medium speed and mix until well combined.
Add the remaining flour and mix together on low speed for 15 seconds, then turn the mixer up to medium speed and mix until combined. Switch out the paddle attachment for the hook attachment, and beat the dough for 4 minutes. The dough will slightly pull away from the sides of the bowl, however it WILL be a wet and sticky dough. Do not add more flour - I promise!!! You will want to, but don't.
Transfer the dough to a well oiled bowl, cover it with a towel, and let the dough rise in a warm environment (oven or microwave turned OFF are always good choices) for one hour. It will double in size.