Grease 2 loaf pans (8-1/2 x 4-1/2).
In a large bowl, combine 2 cups flour, sugar, yeast, and salt.
Heat water, milk, and butter until very warm 120°-130°F.
Stir that mixture into the flour mixture.
With a mixer beat 2 minutes on medium speed.
Stir in 1 cup flour; beat at high speed for 2 minutes, scraping the bowl to incorporate everything.
Stir in enough remaining flour until the dough is soft.
Knead on a lightly floured surface until smooth and elastic, about 8 minutes.
Cover the dough and let it rest for 10 minutes.
Next, divide the dough in half.
Roll each half to 12 x 7-inch rectangles.
Beginning at the short end of each rectangle, roll the dough up tightly.
Pinch the seams and ends to seal.
Place the dough with the seam sides down in the prepared pans.
Cover with a towel and let the dough rise in a warm place until doubled in size, about 45 minutes.
Bake at 400°F for 25 to 30 minutes.
Check with a toothpick.
Remove from pans; cool on wire rack about 10 minutes, then slice and serve.