Rancher Gene Autry goes to the home of wealthy hypochondriac landowner Waldo Brooks, trying to get rent reductions for all the tenants in the valley. Waldo persuades Gene to switch identities and homes with him while he gets a much-needed vacation, giving Gene power-of-attorney to act for him in all matters. Trouble ensues when Gene learns he must raise $50,000 to save Waldo's properties.