Al is planning a get-together for the guys - they'll be watching wrestling from cable. Al wants Peg to help but she declines. Then Peg has an accident where she hits her head and gets amnesia. Kelly, Bud and Al are then amazed to see Peg cooking, cleaning and doing other housework. They decide to milk the situation for all it's worth.

Since Bud is actually earning money, Al starts charging rent for the basement. Bud and Al sign a lease and Bud pays his rent, after which he claims that the "apartment" is in need of repair. A health inspector declares the basement condemned and gives him a month to get the basement repaired. Al then is forced to wear an electronic neck band that prevents him from leaving the basement.