In four steps you need to move the word 'cold' From 'warm' by replacing one alphabet at a time such that every word formed at each step is acceptable in English Dictionary.
These types of puzzles are known as charades. What you have to do is find two words that are referred to in the first stanza and the second stanza and put them together to form the third word in the third stanza.
Just for example, if my first refers to 'off' and my second refers to 'ice', then my whole will be office.
My first is present - future's past -
A time in which your lot is cast.
My second is my first of space
Defining people's present place.
My whole describes a lack of site -
A place without length, breadth, or height.
While going to your grandmother's house, you counted Twenty houses on the right side. While returning back to your home, you counted Twenty houses on the left side.
How many houses are there between your home and your grandmother's home?
I can sizzle like bacon,
I am made with an egg,
I have plenty of backbone, but lack a good leg,
I peel layers like onions, but still remain whole,
I can be long, like a flagpole, yet fit in a hole.