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Receiving a Job Offer

I have gotten rejection letters because I cannot start for a while, should I hold off on applying?
How long should I wait to follow up with a company after submitting salary negotiation response? Currently they have passed their committed deadline to contact me back with their final answer...
Once you receive an offer letter but are still applying to other jobs. How long is too long to ask to sit on the offer letter while you wait to hear back from other jobs?