Mold in the basement

[Ed McIver]

I am looking at a bank owned property that has mold in the basement it could be 200 300 square feet of moldy drywall. Behind the drywall is a cinder block wall. 

I'm thinking I need to remove all the drywall and any non structural wall studs. Treat anything that can not be removed with bleach solution and paint with Anti fungal paint. Fix the issue that caused the basement to be damp. Then build out again.

Am I missing something? 

Thanks