Hot-shot rhymes with:
hotshot, hotshot, potshot, buckshot, earshot, grapeshot, gunshot, hotshot, longshot, overshot, potshot, scattershot, slingshot, snapshot, upshot
Hot-shot sounds like:
hatched, hatchet, hatchett, hathcoat, headset, heathcote, hedged, hedquist, hitched, hitchhiked, hotshot, hottest