Hello mgandrew,
Your engine may run great almost all other times. Hot starting is the time your engine's injection is most lean. Any related problems show up first during hot starting.
Hot starting problems can come from several conditions on your 250SL. Ignition problems like a worn or improperly adjusted set of ignition points or a failing coil can cause hot starting issues. Use the "coil wire spark test" to confirm that ignition spark is not the problem.
The fuel in the system continually circulates to cool the injection pump and fuel itself. This prevents hot start vapor locking. Make sure your fuel filter is clean. The filter screens in the electric fuel pump and the gas tank must also be clear. A fuel pressure and volume check will tell you if your fuel system is doing its job to prevent vapor lock. If you have a non original electric fuel pump that is most likely the problem. Non original pumps normally do not meet specs for volume or pressure and do not cool fuel injection enough to prevent vapor lock. There are a select few non-original electric fuel pump which will work, most won't.
Next your 250SL uses "Version IV " Factory Starting Aid Configuration. With this version the upper solenoid on the injection pump is activated during all starting, even hot. This solenoid moves the rack to full rich during starting anytime. You may want to start your search here, so you can rule it out. Just use a 12 volt test light to make sure that the solenoid is activated any time the starter is engaged. Test it with cold engine, warm engine and full temperature engine.
Any lean condition will cause sever hot starting problems. Keep us up to date, ask questions, we'll help guide you!
Joe Alexander (ja17)
Blacklick, Ohio