What else could you do with that extra $150,000?

I can easily grade, gravel, and fence off the rear 2 acres for outside storage that would easily bring in an extra 4k a month.

Also, have you made any significant alterations to the property or if it were put on the market today, would it be indistinguishable from a standard 4-bedoom house (are there any extra walls for the SRO, constructed locks/barriers etc.)If its a standard SFR and the leases are very short term - there is a path that you could refinance this with a DSCR as basically a Short Term Rental and then potentially change strategic course back to SRO if needed at a later date

If you make $500 more a month but have to put 10 hours extra each month into the property will it be worth it to you?

Usually no extra cost to me.

Just making extra monthly/periodic principal payments is good enough for me :)Of course, you need to be a "saver," not a "spender." 

If this is a longer term hold and you don't need the extra $500 per month and you'd be fine with a $200 per month increase, go for that.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

He's on SSDI (Social Security Disability Income) at just under $1,500 a month and he wants to do some wholesales to make some extra income.Lets say he does a deal or multiple deals and makes any assignment fee on it/them and the profit exceeds 1.5k which is higher than his disability per month.

That is if there is no record on the platform of the request.Otherwise you can modify the reservation to add the week and do a payment request for the extra cleaning or bake it into the extra week charge.