Hot spots are usually associated with allergies (pretty much every dog I've seen that gets them has some kind of allergy and they tend to get them at the same time every year) and are more common in the hotter humid months of summer. A dog with a thick undercoat being left a bit damp after a bath during allergy season can also be a contributing factor (because the skin stays moist and allows bacteria and/or yeast to get a foothold) but that seems unlikely if it's a chihuahua. In dogs with long or thick hair it is usually best to shave the affected area to allow air to get to the hot spot and help with healing (not to mention it makes putting topical medications on it easier). If it's oozing though it's probably got a secondary bacterial infection going on as well which would warrant another trip to the vet for some antibiotics. Make sure her nails are trimmed and smoothed to reduce the amount of damage she does to the area with scratching. You might even try putting a baby sock or doggie boots on her rear foot on that side so that her nails don't damage the skin as she scratches. Benadryl at 1mg per pound of body weight two to three times a day may help reduce the itching and make her less likely to scratch herself raw but it can take a while (up to a few weeks) to really be effective if the histamine response has already been triggered.