According to what I have seen in Tropical Tidbits, the models largely agree that an area of low pressure will form offshore off of the Pacific coast of Mexico this weekend. Whilst it is largely unknown what will happen (it's too early to tell imo), there is a potential that it could become a short-lived tropical storm, according to the GFS model. However, what is most likely is that it will just be a rare low-pressure-area that occurs this weekend, as this is what most of the models demonstrate. The setup is nearly identical to Invest 90L (2019).