A FWD block can not easily be coverted to RWD, it take the main caps form inline bolck, drill and tapping for the front rear engine plates,, they also have different crankshafts. I see no reason whatsoever to convert a FWD block to inline RWD.
As far the inline RWD 1275 blocks that came in the Sprites and Midgets, there were also thin and thick oil pan flange blocks, the thin flange blocks were the early ones, and had no pie shaped opening under the center main bearing saddle in the block, the later blocks had a thicker oil pan rail flange and have a opening under the center main saddle, for building a race engine, especially a LP 1275, none of this matters.
The only thing I ould concern myself with when looking for good 1275 block core, would be to make sure you don't have a factory sleeved bock, they did not step the sleeves, they hang out the bottom of the bores, and they were incredibly thin, making them useless for about anything, other than making a 1380cc street engine.