Keep in mind that if the impeller in the raw water pump has all its
blades, water can't flow through the system when the engine is off.
Also, to establish a siphon, the end of the raw hose at the engine must
be lower than the water level outside the boat. On my boat, the raw
water hose at the engine ends at the injection elbow, which from memory
will always be well above the water line. So I didn't think it is
possible to have a siphon problem.
Regarding the location of the anti-siphon valve -- on my boat (2005
#1054), it is mounted on the hull in the port cockpit locker, maybe 6"
to a foot below the deck. On a starboard tack with the boat really
healing, the valve could be below the water line.