Things I'm worried about are anything related to rent control, anything related to the tenants rights that I haven't thought about before (like cases of tenant being not mentally there as I know in Los Angeles where I'm from, things like that might impact procedure), etc.    

Not looking for someone to do it for me, just someone to help me understand the procedures.

Right now im just trying to understand the procedures to buying a house, or any property. i just want all the information i can get right now. im scared of getting in over my head and going into debt.

The IRS does have a lien release procedure that has been posted elsewhere in the BP forums already.

If so, the title insurance/closing agent/selling bank will have to cure it, likely thru reopening and amending the foreclosure...don't know how your procedures work there. 

In Florida, of course, you have that extremely lengthy judicial foreclosure procedure that can be tied up by a borrower for a couple of years.

The ideal candidate would have a bookkeeping background, a knack for organization and developing procedures, able to do it all including administrative tasks, entering owner statements from various property managers into property tracking software, calling property managers to decipher owner statements and pressure them to increase income and decrease expenses, able to understand basic construction and rehab, lease out units locally and screen tenants, and the list goes on.

Is this possible in California and if so, is there a certain procedure to acquire property for that price.

Be professional, and always write and follow strict policies and procedures.

In any business in order for it to succeed you have to have a business plan , you have to policies and procedures not only in place but followed.