Naruto could be one of his allies. Naruto has this knack for seeing the good in people and would probably be willing to give Obito a chance to redeem himself. Also, Sakura, with her skills as a medic - ninja, could be an ally. She might help heal Obito if he was injured during the war and see the potential in him to be a force for good.
Besides Obito, Sasuke could be a main character in this fanfiction. Sasuke, with his own journey of redemption and his understanding of power and the ninja world, could have an interesting dynamic with the reincarnated Obito. Also, Sakura might play a role. She could be the one who tries to heal the reincarnated Obito, both physically if he is injured during his new adventures and emotionally from the traumas of his past life.
Often, Obito is attracted to Kushina's strength and kindness. He might try to impress her with his own abilities. Their interactions could involve Obito being a bit clumsy in his attempts at first. Kushina, on the other hand, might find his eagerness endearing and start to open up to him more. They could share stories about their pasts, their dreams, which deepens their bond.
Obito's influence would likely make Naruto more aware of the darker side of the ninja world. Naruto is usually very optimistic, but with Obito's guidance, he would see the hardships and betrayals that can happen. For example, Naruto might become more cautious in his trust of others.
Minato might also be a prominent character. As their teacher, he can influence the way Obito and Kakashi interact. In some fan fictions, he could be the one to help them resolve their differences or provide some crucial information about their past that changes their current situation.
The fanfiction could explore how Obito's identity revelation affects his relationship with the Akatsuki. Some members may feel used or deceived, while others might see it as an opportunity. It could also show how Obito's true self starts to form new bonds or break old ones within the organization, depending on how his true intentions are perceived.
One possible motive could be to use Sakura as a bargaining chip. If he has some sort of plan against Naruto or the Hidden Leaf Village, Sakura, being a close comrade of Naruto, could be very useful. He might think that by restraining her, he can force Naruto to come to a certain location or make concessions.
Yes, there might be such fanfiction. In the Naruto fan community, fans often create various imaginative scenarios. Given the popularity of the characters Sakura and Obito, it's not unlikely that someone has written a fanfic where Sakura is Obito's sister. This could open up new storylines and character relationships, exploring different aspects of their personalities and how they interact within this new family dynamic.