If you don't mind the 20 minute commute from the town to the base, I'd live off-base. It's just too much of a headache living on-base. Think of it as a HOA on crack. Plus, they take all of your BAH. If you're an officer, you find a much better house off-base for the money.
If you decide to live on base, make sure your lawn is watered constantly and you don't forget to mow everyweek. Otherwise, you may find yourself with an LOC in the morning.