I have a question:
What is the best way to translate the English sentence, "I might do that"?
I would use Mi eble farus tion, but I want to know if there are any other options, and if any of them are more common.

I'm going for an uneducated guess @ "Mi eble faros tion" (I maybe will do that). As long as you convey some part of the general meaning (You're the subject, there is a possibility, the action is in the future, etc) it should be ok (I'm assuming you already know that tho jchthys, but for the sake of those who want to know what angle I'm coming at I've written it anyway).

ceigered:I'm going for an uneducated guess @ "Mi eble faros tion" (I maybe will do that). As long as you convey some part of the general meaning (You're the subject, there is a possibility, the action is in the future, etc) it should be ok (I'm assuming you already know that tho jchthys, but for the sake of those who want to know what angle I'm coming at I've written it anyway).

My first reaction was also "Mi eble faros tion". But it depends on what your intent is; both are possible, and it's impossible to translate well without context and knowledge of the intent. "Farus" is more conditional/hypothetical, like "I maybe would do that" (not "will do that").

I might go inside if it rains.
I might do that if I have enough money. (Stating what I will do in a certain circumstance expected to happen in the future, or at least to be possible/plausible.)
Mi eble iros internen se pluvos.
Mi eble faros tion se mi havos sufiĉe multan monon.

I might go to the police if someone were to rob me.
I might do that if I were you.
(Stating what I might do in a more hypothetical or even impossible circumstance.)
Mi eble irus al polico se iu prirabus min.
Mi eble farus tion se mi estus vi.