In a large bowl, mix the chicken pieces with buttermilk, salt, pepper, and hot sauce. Refrigerate for at least 4 hours.
In a medium bowl, combine flour and paprika. Set up a baking sheet next to it.
Take the chicken out of the buttermilk mixture. Dredge each piece in the flour mixture, ensuring it's well-coated. Place the coated chicken on the baking sheet and let it sit for about 30 minutes until the coating becomes paste-like.
Fill a large dutch oven halfway with canola oil and heat it to 365°F. Fry the chicken in batches of 4 pieces, making sure not to crowd the pan. Cook for 10-12 minutes, or until the chicken reaches an internal temperature of 165°F and is fully cooked.