Cut bacon into 1-inch pieces.

In a 12-inch skillet, cook bacon over medium-high heat until almost crisp.

Add ground beef, chopped onion, chopped bell pepper, finely chopped garlic, and salt to the skillet.

Cook for 5 to 7 minutes, stirring frequently, until beef is thoroughly cooked.

Drain excess grease from the skillet.

Stir in water, diced tomatoes (undrained), drained sliced ripe olives, and Italian seasoning into the skillet.

Heat the mixture to boiling.

Stir in uncooked instant rice.

Reduce heat to medium, cover the skillet, and simmer for about 5 minutes or until rice is tender.

Sprinkle shredded mozzarella cheese over the rice mixture.

Cover the skillet and let stand until the cheese is melted.