Preheat waffle iron. In a strainer, squeeze out as much water from the grated potatoes as you can. Add to a large bowl. Add the remainder ingredients to that same large bowl. Using a ladle, add waffle batter to the waffle iron and cook for 3-5 minutes.
Cranberry Apple Compote:
Add all ingredients except vanilla to a small pot over medium high. Cook until thick, 10-15 minutes. Add vanilla and serve.