Hello. I wanted to post an update (and I apologize for it being long overdue). I played my deck against a few friends who themselves played decks such as Blue/Black rogues and a more conventional Mono Red Burn. My deck felt a bit vulnerable against blue due to the combo-esque nature of using burn to cast Chandra's Incinerator, but if it stuck I could quickly win a game. Against the more standard mono red burn, my deck did well. Burn spell damage being equal, if I was able to cast Chandra's Incinerator I typically won since my Lightning Bolt could deal three damage to the face and remove a creature. Searing Blood was a blowout card by potentially removing two creatures and dealing three damage for two mana and a single card. This pattern sort of stuck against other decks I played. The deck worked well against go-wide decks, and I had a lot of fun playing it.
So after playtesting a bit, I figured I would bring it to my local game store that advertised magic nights on Fridays. This was about ten months ago.
Unbeknownst to me this means playing commander...whoops.
Even so, I had fun playing this deck with friends and would recommend it to people looking for a slightly different take on a mono red burn deck.
Recently I was able to play at a FNM event, but the deck is a bit different than the one posted here. Here's my Mono Red Budget Burn (Updated) deck. Overall I thought it performed well. Feel free to check it out.
Thanks for stopping by, and I hope you have a pleasant rest of your day.