When Larry and Balki are robbed, Larry decides to install a high tech security system. He doesn't read the manual and refuses to let Balki know what the code is. But when they trigger the system, Larry forgets the code. So he pulls out the panel but the system is still active and is about to do something to the intruders and they can't get out of the apartment.

When Larry spots Big Jim Morris, a crooked contractor who's been banned from doing business with the city, talking to 2 city aldermen, he's sure it's his big break! All he needs now is a quiet night at home to write his article about Big Jims dirty dealings and he can beat all other reporters in the city to the front page story! Too bad Balki has already volunteered to babysit the new neighbors daughter and she just wants to have fun!

When Jennifer's old college boyfriend comes to town, Jennifer wants Larry to finally tell her where their relationship is going. But Larry, thinking that Jennifer is a "woman of the 90's", assumes that she wants him to give her freedom to see whoever she wants. Can they figure out a way to be honest with each other before it's too late?

When Larry gets a great deal on a race horse he thinks his ship has finally come in! But when the horse doesn't perform as Larry hoped, Balki moves him into the apartment!

A man whose family have been having a feud with Balki's for a long time shows up to keep it up. When they trade barbs, Larry says something that offends him. So he challenges Larry to a duel with swords.

After Larry & Balki have a near death experience, Balki is convinced that 'Teflonos', the Myposian God of Protection has covered them in a protective shield making them both indestructible! At first Larry doesn't believe him, but another near death experience proves Balki's theory and the cousins begin living dangerously!

When Larry is assigned a story to cover the wedding of a celebrity in Los Angeles, he takes Balki along and the girls decide to meet them there. Unfortunately their plans for a fun filled weekend are interrupted when the boys witness a murder!

Still running for their lives after witnessing a murder, Larry and Balki are captured by the people who want the video Balki recorded!

Larry decides to buy Jennifer's engagement ring from a guy selling out of his car, but soon discovers that the shady fellow sold him a fake diamond. Refusing to tell Jennifer the truth about his mistake, he convinces Balki to help him switch the fake ring for a real one without Jennifer knowing.

While doing some research for the paper, Larry finds an article and picture of Mary Anne in the archives which says she's a mass murderer. Larry immediately panics and starts taking precautions to stop her from killing his friends. But when Mary Anne takes Balki mountain climbing alone, it's up to Larry to try and save him.

Bunky McDermott, the most popular guy in Larrys high school shows up at the Chicago Chronicle and invites Larry to a party which all of his old gang will be at. Larry, thrilled at the idea of impressing everyone by showing up with Jennifer on his arm quickly accepts. But when Bunky announces that he's just returned from a tropical vacation Larry lies and says he has as well. Now he's just got to prove it by getting a sun tan in only a couple of hours!

Balki's been volunteering at the youth center and is helping them prepare a benefit children's show. He asks Larry to come to the show but he's preoccupied with trying to find a story he could submit. Later the woman organizing the show, drops by to bring Balki something and let's it slip that Margaret Thatcher might drop by. So seeing the opportunity to interview her, Larry goes to the show but when the show ends early, Thatcher's security man tells them not to come to the center. So Larry asks Balki who's an amateur magician to perform. But when Balki's done and ...

Larry and Balki find a box with a lot of money in it. Larry wants to keep it but Balki wants to find the owner. Later a priest shows up and claims that the money in the box is the proceeds from a fund raiser. Larry is incredulous. They decide to give it to him but the box is missing.

Larry's grandfather comes for a visit. But Larry is expecting an elderly man who will enjoy a quiet vacation in the apartment playing checkers. Much to his surprise Grandpa is full of energy and wants to go out on the town, date new women and eat spicy food! Larry's not sure he's ready for a grandpa like this one.

Balki's mama sends a special plant from Mypos to cure Larrys cold. Skeptical as always, Larry doesn't believe it will work, but after he sees the proof with his own eyes, he's determined to make a fortune off this miracle plant!

Larry lies to Jennifer to get out of going to the ballet with her, so Balki tries to convince him that lying never works and tells him about an episode of The Honeymooners that he saw where Ralph lies to Alice. The guys and gals reenact the episode of The Honeymooners in black and white.

Jennifer's mother is coming to town and wants to meet Larry. Larry is sure he will make a wonderful impression on his mother-in-law to be, except earlier that day Larry has an accident resulting in amnesia!

A music producer overhears Balki singing at work and says he can make him a star! Before he knows it, Balki is 'Fresh Young Balki B' and is making his very own music video! But when he finds out the record label isn't being honest he wants out, but how can he quit when he's already signed a contract?

Balki decides to run for student body president at school but he doesn't want Larrys help. Larry promises that he won't go overboard this time if Balki will just let him assist with his campaign. Balki agrees but quickly finds out that he and Larry have very different ideas on how to run the campaign.

When the Chicago Bulls are on a losing streak, Larry proposes a campaign to Mr. Wainwright wherein someone climbs up the paper's billboard and not come down till the Bulls win. Wainwright tells Larry to find someone and if not he has to be the who stays on the billboard. Dreading having to stay on the billboard; Balki tells Larry he needs to make a decision and per his country's custom he needs to find a place high for the decision to come to him. So Larry suggests he climb the billboard. After getting there, Larry's about to leave when Balki says the decision came to...

Balki Starts his own catering business and its become so popular Larry tries to convince him to expand and make more money but Balki doesn't want to. In order to force Balki to branch out, Larry double books him without telling him, unfortunately Balki has also decided to take Larrys advice to expand and books himself another party as well. Now with 3 parties on the go simultaneously how will Balki manage?

Mr. Wainwright invites Larry to go hunting with him and when Balki finds out they're hunting ducks he's more than eager to come along. Following a traumatic duck incident on Mypos Balki harbors a grudge against the animals, but when he discovers the ducks Mr. Wainwright is hunting aren't Myposian killer ducks, he tries to stop the hunt.

Balki and Larry decide to become volunteer firefighters but it's more than Larry can take.

Larry and Jennifer won't set a date for their wedding because they're both afraid it won't last. Balki offers to help by giving them the Myposian marriage test which will prove if they are truly meant to be together or not.