hi tom,
burning sensation and blood in your urine may be caused by many disease such as kidney stone and infection, postatitis,rhabdomylosis and also
kidney cancer.but most of our patients with that symptoms cause by infection and kidney stone.
For kidney cancer, statistically about 1.2 % men and woman born today will be diagnosed with kidnye cancer, These statistics are called "the lifetime risk of developing kidney cancer as you can see at http://cancer.emedtv.com/kidney-cancer/kidney-cancer-statistics-p3.html.
so you must be aware but not to be panic. What you should check is beside burning sensation and blood in your urine, is there any other symptom like you may feel
back pain, weight lose more than 5%,
flank pain, and swelling or enlargement of the abdomen.
if you had symptom above or want to do health screening, go to consult with
urologist to do
MRI, blood and urine test for more accurate diagnosis.
hopefully this will answer your question. thank you