I've used those small rental grinders more times than I want to remember on stumps that we couldn't get our bigger machine into (small gates, in planter boxes, in hedges etc). A couple of things to think about, if you are only grinding just below the surface ie they're putting in grass afterwards isn't as hard as having to go deep 10". A bigger heavier machine will allow you to get deeper faster and the guards don't get in the way. Second, you're not grinding diameter, you're grinding volume of stump and a lot of the volume of the stump is on the backside, where you are now cutting across the grain, rather than with it. A heavier machine will help you power through that. At times, the backside of the stump feels like you are using a sander.
I've never measured it, but I would estimate that even the smallest self propelled grinder eg Vermeer 252 is going to be about 5 times faster.
It depends on whether you have other work to do instead of grinding your $2000 worth of stumps. If that's all you have, then go for it. If you have other work that would be more profitable, then find another solution.